It’s time for Rachel Reeves to reconsider Labour’s manifesto promises on tax | Rain Newton-Smith

The budget must reform structures such as business rates, the VAT threshhold and stamp duty that are holding back growth

• CBI boss calls for Labour to tear up its manifesto prmoises

This government came to power after years of instability, pitching competence and commitment to the long term and without doubt, business wants them to succeed. So for the reshuffle to be more than political theatre, it needs to regalvanise the growth mission. That means making it easier for business to invest, create jobs and drive higher living standards.

Leadership calls not only for promises, but vision and delivery. There are no easy choices, either on policy or personnel. And as we look ahead to the chancellor's budget in November, she must recognise that that we must avoid short-term solutions that risk us getting stuck in a cycle between fiscal events.