Rachel Reeves has borrowed the language of the former Tory chancellor George Osborne to say her first Budget will be for “strivers” as her party faced a deepening row over the definition of “working people”.

“It’s a hold your breath Budget for small businesses,” Jo Foster, an entrepreneur from Richmond, told the Yorkshire Post.

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 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,

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.

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.

Here we go again! It seems incredible that we are about to face another Budget, only seven months after the last one. What should we look out for? In her first Budget, the new Chancellor will want to achieve multiple objectives.

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