Matthew Lynn Matthew Lynn

Rachel Reeves deserves a rough ride at the CBI

Rachel Reeves, pictured with Keir Starmer, faces a difficult time at the CBI (Getty images)

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Rachel Reeves faces a frosty reception at the CBI summit

At the beginning of the year, Rachel Reeves was being praised all round for her efforts repairing relations between the Labour party and business. In February, the Chancellor hosted a business conference – attended by leading figures – where she pledged to cap the headline rate of corporation tax at its current rate of 25

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