Reeves acknowledges she is looking at tax rises ahead of Budget

Published: 10/15/2025
Reeves acknowledges she is looking at tax rises ahead of Budget
Chancellor Rachel Reeves hints at tax rises ahead of November Budget, aiming to meet borrowing rules amidst economic challenges. Analysts predict potential tax hikes or spending cuts of £20-£30bn to address public finance gaps. Reeves alludes to undoing Brexit and austerity impacts, emphasizing no risks with public finances in her Labour conference speech.