Chancellor's Budget: Tax Rises and Welfare Reforms in Focus

Rachel Reeves said welfare cannot be left untouched as it would mean higher taxes before her November Budget.
The Chancellor is considering tax increases and spending cuts, including taxes on the wealthy in the November 26 statement.
The Institute for Fiscal Studies expects the Chancellor to secure at least £22 billion to restore debt headroom.

Policy | Economics | Taxation

United Kingdom

Rachel Reeves

2 weeks ago