Chancellor Rachel Reeves Signals Possible Tax Increases and Spending Cuts Ahead of Autumn Budget

Chancellor Rachel Reeves has confirmed that she is considering tax increases and spending cuts in the upcoming autumn Budget. Faced with slow economic growth and rising government debt, Reeves emphasized the importance of balancing the fiscal numbers. Analysts estimate a budget shortfall of £20bn-£3... [More info]

Rachel Reeves must build a fairness narrative to support upcoming tax rises in her second budget

Rachel Reeves faces a tough challenge with her second budget on 26 November, needing to justify over £20bn in tax rises amidst Labour’s promise of renewal. Her recent conference speech emphasized investment over austerity and positioned Labour as the true workers’ party, but it lacked a clear framew... [More info]