Rachel Reeves pledge to reform the absurd Motability scheme essentially amounts to giving alcoholics Peugeots instead of a BMWs, says Jack Rankin

As Rachel Reeves continues to take the scenic route to the next Budget, rumours are swirling that she is setting her sights on the Motability Scheme, hoping to claw back around £1bn in savings.

I suspect plenty of other small-state supremos had to do a double-take at that headline. Just a few weeks after Motability’s giant stand gleamed loudly and proudly at the centre of Labour’s conference, dare we hope that the Chancellor is about to get serious in tackling one of the state’s biggest insults to taxpayers?

Let’s examine what has actually come to light. Reports suggest Reeves is looking to scrap tax breaks worth around £1bn a year, which would roll back on the generous tax loophole that lets Motability cars dodge VAT and insurance premiums. It is also understood that she is looking to remove luxury cars like

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