CBI boss will say measures announced by government have made it harder for firms to ‘take a chance’ on hiring new people

Chancellor Rachel Reeves has told businesses she is "not coming back with more borrowing or more taxes" as she defended the tax rises on businesses announced in the Budget. Reeves told the Confederation of British Industry (CBI) conference that despite "a lot of feedback" on her tax and spending plans, she had not heard many alternatives.

By Alistair Smout and David Milliken LONDON (Reuters) -British finance minister Rachel Reeves on Monday said she would never have to repeat the tax hikes of her first budget, an attempt to reassure businesses that were caught off-guard by a 25 billion-pound ($31 billion) tax rise.

Keir Starmer has promised “zero tolerance” for benefits cheats as Labour seeks to tackle Britain’s ballooning welfare bill. The prime minister warned those who try to “take advantage of state generosity will feel the force of the law” and that ministers would even “take cash straight from the banks of fraudsters”.