Rachel Reeves

We put VAT on the school fees.

We increased taxes on private jets.

We already have taxes on wealthy people in Britain.

I don't think we need a standalone wealth tax.

And in fact, countries that do have that don't have those other taxes.

So I'm not even sure it would work.

I think we probably shouldn't go through every single possible... What's your message to the city?

I think that from both of my Mansion House speeches, the city know how much I value the contribution that they make, both through direct employment and investment, but also supporting the wider economy with an efficient allocation of capital.

And the regulatory reforms that I brought in at the Chancellor are all about promoting growth,

and job creation and businesses coming to Britain in financial services.

Well, the International Monetary Fund have said that there should be one fiscal event a year.

And I committed to that in the manifesto and have done since.

I think that their recommendation is a sensible one.

That will have to mean changes in the second forecast.

But that's not about reducing transparency.

That is about better economic policymaking.

So we're not having to change policy and giving that uncertainty every six months for businesses.

Keir Starmer got elected with a massive mandate last year.

If someone had said 15 months ago that we would be the fastest growing economy in the G7, we'd have five cuts in interest rates, we would have done trade deals with the US, India and the EU, that wages would have risen faster in the first 10 months of this Labour government.

than the first 10 years of the previous Conservative government.