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Politics latest: 'Profits are investment' - Chancellor Rachel Reeves accused of damaging growth with budget tax rises

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Rachel Reeves has damaged investment and, by extension, growth through the tax rises announced in the budget, the head of the Confederation of British Industry (CBI) will say later. But the chancellor will launch a staunch defence of her measures.

Good morning!Welcome back to the Politics Hub on this Monday, 25 November.Chancellor Rachel Reeves has damaged investment and, by extension, growth through the tax rises announced in the budget, the head of the Confederation of British Industry will say today.Reports say the chancellor will rebuke those criticisms and tell business leaders they have offered 'no alternatives' to her plans in an appearance at the CBI's conference this afternoon.

The prime minister is holding a 'summit' on tackling VAWG in Downing Street this morning with police and transport bosses, among others.Minister Pat McFadden is set to speak at the NATO Cyber Defence Conference at Lancaster House, and will warn that the UK is in a 'new AI arms race' with countries like Russia and North Korea.In the Commons, Home Office ministers will face questions from MPs from 2.

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Politics latest: Chancellor Rachel Reeves to unveil 'biggest reforms to pensions market in decades'The chancellor will tonight deliver her first Mansion House speech, and is expected to set out reforms to the pensions market to unlock investment in British infrastructure.
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