Labour’s plans require no more tax rises, Reeves says

Labour will not announce any additional tax rises during the election campaign, Rachel Reeves has said. The shadow chancellor also ruled out holding an emergency budget if Labour won the election, saying she would not hold a fiscal event without a forecast from the Office for Budget Responsibility, a process that would take 10 weeks. Her statement means that a Labour government would be unlikely to bring forward a budget until at least September, given the timings of parliamentary recesses.