Rachel Reeves Britains Biggest Economic Mistake

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· despite repeated warnings from some of britain’s biggest retailers, rachel reeves seems determined to power through with these damaging policies to britain’s already fragile … ‘there’s been mistakes, rookie errors. Employers are dismayed at her decision to hit them with a de facto tax on jobs, a huge mistake from rachel reeves. The black hole announcement sucked the confidence from business and consumers. · even if reeves set the bar much higher – £10m, say – it would be a small step towards redistributing money from the estates of older multi-millionaires to the pockets of … · rachel reeves headed into the parliamentary christmas break on friday with more bad economic news on her desk, as data showed the uk public finances in the current fiscal year … The government is so cash-strapped that most of its departments … The budget compounded … · the verdict was devastating: Her £25billion employer’s national insurance has hammered growth as businesses cut hiring to offset the cost. · hitting a fragile economy with the biggest tax raid since 1993. · by catastrophising the state of the economy she inherited, reeves shattered confidence in britain; On june 11th rachel reeves, britain’s chancellor of the exchequer, apportioned the spending for which she had budgeted. · jeremy hunt warned chancellor rachel reeves risks making catastrophic mistakes in the upcoming budget as he lashed out at labours claims of a £22billion black hole. The hike in national insurance contributions - expected to raise £25billion -. · but between the election in july and the budget, chancellor rachel reeves simultaneously set the stage for inevitable tax rises, and refused to rule anything out. The chancellor then compounded that mistake by imposing steep tax rises …