Rachel Reeves claimed her Budget was for strivers as she tried to draw a line under a furious row over Labour’s definition of working people. The chancellor, who is expected to raise taxes on Wednesday,

Some details have however been confirmed by the Treasury. On Sunday, Rachel Reeves announced £1.4 billion to rebuild crumbling schools and a tripling of investment in free breakfast clubs as part of her first Budget.

Rachel Reeves is to slash the 'right to buy' discount given to those purchasing their council house in next week’s Budget. Ministers say the move is designed to “protect” existing stock so thousands more homes remain for rent. But the cut risks accusations that it is an attack on aspiration.

British finance minister Rachel Reeves faces a tough task to raise the tax revenues she needs to invest more in public services and new infrastructure in her Oct. 30 budget.

Rachel Reeves drew cheers from investors at a British Embassy reception in Washington this week when she pointed out the budget she’ll deliver on Oct. 30 will be the first by a female Chancellor of the Exchequer in the 800-year history of the role.

The chancellor will be looking to plug a £22 billion "black hole" in the nation's finances and has said she will be making some "hard but fair" decisions amid speculation around potential tax rises