Reeves says Budget will be 'fair' as tax rise speculation mounts

Chancellor Rachel Reeves is expected to make "fair choices" in the upcoming Budget, potentially breaking election promises not to raise VAT, National Insurance, or income tax. Economists predict tax increases to address the UK's financial imbalance. The Resolution Foundation suggests hiking income tax as the best option, with potential offset through a cut in employee national insurance. The Budget, focusing on "fairness and opportunity," aims to address NHS waiting lists, the national debt, and cost of living concerns.