Reeves refuses to rule out tax rises in Budget
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Chancellor Rachel Reeves insisted that her fiscal rules were sacrosanct, saying that any attempt to “sidestep” those rules would just lead to more expensive government borrowing. In a clear message to her own backbenchers, she said it was important that everyone including “politicians” understood that reality.
RACHEL Reeves has been mocked by TV presenters Susanna Reid and Lorraine Kelly over her “bonkers” speech ahead of the Budget. ITV favourites Susanna, 54, and Lorraine, 65, joked
Finance minister Rachel Reeves said on Tuesday Britain had faced increasing challenges since her first budget last year, as questions grow over which taxes she will raise to keep her budget on track.
U.K. Treasury chief Rachel Reeves has signaled she will raise taxes in her budget later this month, citing a weaker economy than expected.
An exit charge for wealthy Britons leaving the country and increased levies on expensive homes are on a long-list of possible tax increases being considered by Chancellor of the Exchequer Rachel Reeves ahead of the budget.