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Politics

Rachel Reeves can’t win, can she?

679 replies

anothervoter · 14/11/2025 10:24

After days and days of negative press and chatter about income tax going up, complaints on Mumsnet and across the media, today’s reports are that idea might be dropped and now she’s being accused of rattling the markets and making the cost of borrowing increase.

Honestly, genuine question- what can she do?

OP posts:
Thread gallery
16
endofthelinefinally · 14/11/2025 12:49

Fletchasketch · 14/11/2025 11:41

I agree. There is NO money, it was frittered away by the previous government on Brexit, dodgy PPE contracts and the mismanagement of Covid. Debt repayments used to be low due to interest rates are now sky-high. The government can't make cuts, mainly because there is nothing to cut, but also because they will be rejected by so many of the PLP. Removing the tax anomaly for tax payers earning over £100k would improve productivity (perhaps set the rate of tax at 45% at this level rather than 62%) but I recognise that this would be political suicide and seen as rewarding the wealthy. Reeves and Starmer are truly between a rock and a hard place.

This. Why is there so little effort to get back the taxpayer's money that was appropriated by grifters and incompetents like Michelle Mone, just to give one example.
Surely the government could put together a housing plan that would be state run and offer jobs and apprenticeships? Build in community centres and allotments? I was brought up in a huge new town built in the 70s, mostly prefab houses. They are all still standing today and the town has got shopping centres, a new hospital, leisure centre, parks and so on. Yes, it has taken decades, but you have to start somewhere.

Southernecho · 14/11/2025 12:50

EasternStandard · 14/11/2025 12:46

Why do you say you would know if it happened?

It was everywhere, you did miss it.

Budget delivers large increases in spending, tax, and borrowing

30 October 2024 | Economic and fiscal outlook

The Budget increases spending by £70 billion annually, with two-thirds on current and one-third on capital spending. Half is funded through tax increases which raise £36 billion annually and push the tax take to a record 38 per cent of GDP. The rest is funded by £32 billion more borrowing annually which temporarily boosts GDP growth to 2 per cent in 2026, but leaves output unchanged in the medium term.

https://obr.uk/budget-delivers-large-increases-in-spending-tax-and-borrowing/#:~:text=The%20Budget%20increases%20spending%20by,10%20and%2016%20billion%20respectively.

Right, lets be clear, a 70billion increase in spend, is not increasing the black hole by 70billion.

EasternStandard · 14/11/2025 12:52

Southernecho · 14/11/2025 12:50

Right, lets be clear, a 70billion increase in spend, is not increasing the black hole by 70billion.

Can you see the line where it states how it’s funded?

‘Tax increases’ and ‘more borrowing’. keep reading past the first line.

’Let’s be clear’ very Labour like

Timeforabitofpeace · 14/11/2025 12:53

It’s ridiculous to cancel an idea that she hadn’t even announced. Kafkaesque. She’s missed an opportunity if she doesn’t tax rich people more. Also, all the talk of businesses needing the help-we always hear this, from all parties, but where’s the proof?

Kitte321 · 14/11/2025 12:54

Meadowfinch · 14/11/2025 12:45

  • She could stop procrastinating
  • She could stop stressing out half the house holds in the UK with her wavering
  • She could bring the budget forward. Half the reason revenues are down in so many companies is that people aren't making purchasing decisions until the full horror of her budget is know
  • She could take a decision, stand by it and live or die by that decision because she thinks it is the best option - it's called conviction.
  • She could stick with her beliefs instead of cowtowing to the back benchers. She clearly thinks keeping her job is more important than the buoyancy of our national GDP.

Hard agree. As it seems does a lot of the thread!
What has happened today is ‘more of the same’ from Starmer and Reeves.
They need to do what’s right, not what’s popular. By reading the threads on here you can see that someone will always lose.

She needs to balance the books. Take the difficult decisions to cut spending, reduce immigration, raise taxes (in some areas) but also stimulate growth. I truly believe if she provided a coherent plan, costed and timetabled AND had the discipline to implement then people would deal with it.
But we all know after WFA, benefit cuts and the last budget, that this Labour Party cannot do that.

Mantari · 14/11/2025 12:55

EasternStandard · 14/11/2025 12:52

Can you see the line where it states how it’s funded?

‘Tax increases’ and ‘more borrowing’. keep reading past the first line.

’Let’s be clear’ very Labour like

’Let’s be clear’ very Labour like

What do you mean by this?

user90276865197 · 14/11/2025 12:59

Fletchasketch · 14/11/2025 11:41

I agree. There is NO money, it was frittered away by the previous government on Brexit, dodgy PPE contracts and the mismanagement of Covid. Debt repayments used to be low due to interest rates are now sky-high. The government can't make cuts, mainly because there is nothing to cut, but also because they will be rejected by so many of the PLP. Removing the tax anomaly for tax payers earning over £100k would improve productivity (perhaps set the rate of tax at 45% at this level rather than 62%) but I recognise that this would be political suicide and seen as rewarding the wealthy. Reeves and Starmer are truly between a rock and a hard place.

Good grief - imagine what the Covid bill would have been with this incompetent crowd in charge!

The stock market wants stability, not constant floating of ideas then withdrawing them, the speculation is causing the problems. She needs to pick an idea and stick to it, and keep it to herself until the budget. However she lost all credibility when she was crying in the commons. She simply isn't up to the job, thats the reality.

DenizenOfAisleOfShame · 14/11/2025 13:03

endofthelinefinally · 14/11/2025 12:49

This. Why is there so little effort to get back the taxpayer's money that was appropriated by grifters and incompetents like Michelle Mone, just to give one example.
Surely the government could put together a housing plan that would be state run and offer jobs and apprenticeships? Build in community centres and allotments? I was brought up in a huge new town built in the 70s, mostly prefab houses. They are all still standing today and the town has got shopping centres, a new hospital, leisure centre, parks and so on. Yes, it has taken decades, but you have to start somewhere.

Oh Jesus. The Tories started civil proceedings to recover money from Mone. Not Labour, the Tories.

There isn’t a shred of evidence that Tory ministers colluded in PPE fraud. The contracts were all overseen and vetted by civil servants. If a few were bad contracts, what the fuck do you expect in a rush to keep people alive in a pandemic? As if shitty deals aren’t done by central and local government all the time. 🙄

This giant Labour lie must die one day, surely. Surely.

foxychox · 14/11/2025 13:05

If she were qualified for the job, or she listened to those that understand economics she would not be making these poor decisions. She lied on her CV, Starmer ignored that and let her carry on. No sympathy.

surreygirly · 14/11/2025 13:05

Fletchasketch · 14/11/2025 11:58

That's not what I said and you are handily leaving out Brexit there- those are just a few examples of how the last 14 years have led us to where we are.

The welfare bill is enormous I agree, but you must realise that more than half of it is spent on pensions due to our ageing population. At the same time we offer one of the least generous pensions in the developed world. When Labour tried to cut the fuel allowance- a fairly small cut which I have to say I agreed with, they were forced into a u-turn. Anything more drastic is going to go down like a lead balloon. So what do you suggest we cut?

Edited

Brexit was 9 years ago
Have a look at the protests in Germany France Italy
Being in the Eu is not helping them

surreygirly · 14/11/2025 13:05

anothervoter · 14/11/2025 10:24

After days and days of negative press and chatter about income tax going up, complaints on Mumsnet and across the media, today’s reports are that idea might be dropped and now she’s being accused of rattling the markets and making the cost of borrowing increase.

Honestly, genuine question- what can she do?

resign

Mantari · 14/11/2025 13:06

surreygirly · 14/11/2025 13:05

Brexit was 9 years ago
Have a look at the protests in Germany France Italy
Being in the Eu is not helping them

Brexit was 5 years ago. The vote was 9 years ago.

Happyjoe · 14/11/2025 13:06

Tryingtokeepgoing · 14/11/2025 11:32

She could have a plan and stick to it, rather than making up policy based on reactions from MPs and the public to leaks about random ideas she’s had.

Or another way to look at it is that as an elected party, they are able to listen to MP's and us and act accordingly. It's refreshing in a lot of ways that a party isn't totally dictating and stubborn and can see a mistake. Good old British press though, paint it as 'flip flopping'.

One thing for sure, I'd hate to be in charge of this mess now.

EasternStandard · 14/11/2025 13:07

DenizenOfAisleOfShame · 14/11/2025 13:03

Oh Jesus. The Tories started civil proceedings to recover money from Mone. Not Labour, the Tories.

There isn’t a shred of evidence that Tory ministers colluded in PPE fraud. The contracts were all overseen and vetted by civil servants. If a few were bad contracts, what the fuck do you expect in a rush to keep people alive in a pandemic? As if shitty deals aren’t done by central and local government all the time. 🙄

This giant Labour lie must die one day, surely. Surely.

I know @DenizenOfAisleOfShameI think it’s just engrained

Marshmallow4545 · 14/11/2025 13:08

Happyjoe · 14/11/2025 13:06

Or another way to look at it is that as an elected party, they are able to listen to MP's and us and act accordingly. It's refreshing in a lot of ways that a party isn't totally dictating and stubborn and can see a mistake. Good old British press though, paint it as 'flip flopping'.

One thing for sure, I'd hate to be in charge of this mess now.

Have you seen the latest polling?

More people support spending cuts than tax rises
The vast majority of people don't want the two child cap abolished

How is she listening to people?

Happyjoe · 14/11/2025 13:08

surreygirly · 14/11/2025 13:05

Brexit was 9 years ago
Have a look at the protests in Germany France Italy
Being in the Eu is not helping them

There is no doubt brexit harmed our trade to the EU, at a cost.

LadyKenya · 14/11/2025 13:08

pinklilys · 14/11/2025 10:55

What can she do? Do what always used to happen, say nothing about anything until she gives the budget. No drip feeding, no leaks, nothing.

speculation helps no one

This. The ridiculous ploy of leaked proposals, to gauge public opinion is getting tedious. All the backtracking due to public disapproval makes them look like they do not really have the courage of their convictions. They are looking flakey.

ScaryM0nster · 14/11/2025 13:10

Nope - not while ‘winning’ is classed as keeping a particular target group of voters happy in the short term and also balancing the books.

She can ‘win’ is her duty to the country as part of the government by delivering a stable, financially sustainable budget plan. Which will include accepting that it will be unpopular. It’s a lot like parenting. What’s necessary and good for the household long term isn’t necessarily what it wants in the short term. And you can’t have / do things that you can’t afford.

At the moment she’s trying to be the best friend, not the responsible adult.

Happyjoe · 14/11/2025 13:11

Marshmallow4545 · 14/11/2025 13:08

Have you seen the latest polling?

More people support spending cuts than tax rises
The vast majority of people don't want the two child cap abolished

How is she listening to people?

I was thinking of the WFA that they partially brought back. And plenty of people do want the two-child cap removed, the UK has huge child poverty, partially brought on by bringing that in. Isn't the labour party traditionally for the people?

And spending cuts V tax rises, yes, understandably people are selfish, they never want to pay more! But austerity has never worked, it never will and I cannot see what is really left in the UK to cut that it makes such a significant saving, it's been done already. Until they have a method that is 100% certain to weed out the people who play the benefits system unfairly, I'd rather keep looking after our sick and elderly because I never want to see a genuine person suffer.

Chewbecca · 14/11/2025 13:13

Agree - conviction is what is totally lacking.

Marshmallow4545 · 14/11/2025 13:15

Happyjoe · 14/11/2025 13:11

I was thinking of the WFA that they partially brought back. And plenty of people do want the two-child cap removed, the UK has huge child poverty, partially brought on by bringing that in. Isn't the labour party traditionally for the people?

And spending cuts V tax rises, yes, understandably people are selfish, they never want to pay more! But austerity has never worked, it never will and I cannot see what is really left in the UK to cut that it makes such a significant saving, it's been done already. Until they have a method that is 100% certain to weed out the people who play the benefits system unfairly, I'd rather keep looking after our sick and elderly because I never want to see a genuine person suffer.

Edited

https://yougov.co.uk/topics/politics/survey-results/daily/2025/11/11/1f9d4/2

I think it's pretty clear across the political spectrum that removing the cap isn't what the people want. Labour is supposed to be for the people so why don't they actually listen to them?

Currently there is a two child limit on the number of children parents can claim child related welfare benefits for. Do you think this limit should be kept, or should be it be abolished? | Daily Question

Currently there is a two child limit on the number of children parents can claim child related welfare benefits for. Do you think this limit should be kept, or should be it be abolished?

https://yougov.co.uk/topics/politics/survey-results/daily/2025/11/11/1f9d4/2

Happyjoe · 14/11/2025 13:17

Marshmallow4545 · 14/11/2025 13:15

https://yougov.co.uk/topics/politics/survey-results/daily/2025/11/11/1f9d4/2

I think it's pretty clear across the political spectrum that removing the cap isn't what the people want. Labour is supposed to be for the people so why don't they actually listen to them?

Did all those people asked understand what it means regarding child poverty?

Mantari · 14/11/2025 13:23

Even bloody Farage wants to lift the two child cap, although how altruistic his reasons are remains unclear. Regardless, child poverty is a scourge on society which is why I support lifting the cap.

SisterTeatime · 14/11/2025 13:24

There is no coherent thinking, no plan - and therefore no trust and no confidence.

Marshmallow4545 · 14/11/2025 13:24

Happyjoe · 14/11/2025 13:17

Did all those people asked understand what it means regarding child poverty?

That's not how democracy works.

Do those in favour of removing the cap completely understand what it means in terms of tax rises and the controversy around how this will actually impact the children themselves in terms of outcomes? Have they considered all alternatives including more direct intervention and the benefit of this instead of throwing money at parents? Are people completely aware that lifting the two child cap will mean that some families get tens of thousands more of state money each year?