Rachel Reeves has 'made one huge mistake' - and 'now we have the proof'

By Max Parry, News Reporter

Rachel Reeves visits a infirmary successful Kent (Image: Getty)

Since Sir Keir Starmer and Rachel Reeves moved successful adjacent doorway to each different connected Downing Street, thousands of millionaires person near Britain, caller figures reveal.

The UK mislaid a nett 10,800 millionaires past twelvemonth to migration, up 157 percent from 2023, according to The Times.

Such was the standard of the exodus, the UK mislaid much affluent residents than immoderate different authorities connected earth, too China, past year.

The departure of the country's richest men and women was rapidly accelerated aft the summertime General Election, according to New World Health.

Record numbers of millionaires person near Britain since Sir Keir Starmer took bureau (Image: Getty)

The Chancellor, whose haggard quality successful caller days speaks to the mouting unit she's under, has seen the UK's borrowing costs deed a 26-year precocious successful conscionable six months successful office.

Her fund saw £40bn successful taxation rises, including arguable changes to inheritance taxation and National Insurance. Growth has stalled arsenic a effect and ostentation is higher than it was erstwhile Labour took office.

Jim Rankin, a sixth-generation proprietor of cork-making steadfast Rankin Brothers & Sons, slammed Ms Reeves' decisons for "running wholly contrary to the government's ambitions for growth".

The Bank of England (Image: Getty)

He told the MailOnline: "The policies the Government is putting guardant tally wholly contrary to their ain aims. How tin they assertion to beryllium fostering maturation erstwhile they're slapping taxes connected businesses that are already struggling?"

Despite calls from concern leaders and absorption MPs for her to resign, Ms Reeves told the BBC: "I’m not going to fto them get maine down."

She told Nick Robinson's Political Thinking podcast: "I haven’t taken it personally this week. It’s political. Some radical don’t privation maine to succeed. Some radical don’t privation this Government to win ... But I’m not going to fto them get maine down. I’m not going to fto them halt maine from doing what this Government has got a mandate to bash – and that is to turn the economy, to marque moving radical amended off."