Rachel Reeves hints at tax raid on the wealthy to 'rebuild Britain' in Labour conference speech as

Rachel Reeves hints at tax raid on the wealthy to 'rebuild Britain' in Labour conference speech as she is endorsed by Brexit critic former Bank of England governor Mark Carney (but doesn't mention inflation)

Rachel Reeves hit out at the Tories for allowing the 'wealthiest to avoid taxes' and 'keeping loopholes open' as she delivered her Labour conference speech. Although Ms Reeves did not elaborate, there have been hints at tightening up inheritance tax rules to raise more cash. It also wants to levy VAT on private schools. She also swiped at Rishi Sunak for using private planes and helicopters to travel, vowing to crack down on government waste. In an unusual step, Mark Carney - handpicked by George Osborne to run the BoE but later a strong Brexit critic - recorded a video praising Ms Reeves as a 'serious economist'.