Rachel Reeves has pledged not to put up taxes for the rest of this parliament as she tried to curry favour with businesses furious over her Budget.The chancellor announced that public services will need to “live within their means” between now and the next election,

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”.