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Heidi Alexander says 'fairness' will be government's 'guiding principle' when it comes to taxes at next budget

UNITED KINGDOM, JUL 13 – Labour faces a £5 billion funding gap after scrapping welfare reforms and is considering tax rises guided by fairness while pledging not to raise taxes on working people.

  • Transport Secretary Heidi Alexander said the government will prioritize fairness in taxation at the upcoming budget amid growing fiscal challenges.
  • This follows a large Labour rebellion that forced the government to scrap welfare reforms aimed at saving £5 billion, intensifying pressure to find new revenue sources.
  • Ministers have not directly discussed tax rises but acknowledge the need to consider the Office for Budget Responsibility's unsustainable state finance forecast while balancing manifesto promises.
  • Suggestions from Deputy Prime Minister Angela Rayner include freezing income tax thresholds and increasing corporation tax on banks, but these proposals face political and economic hurdles.
  • The upcoming budget is expected to involve difficult choices, likely including tax increases, as government savings from welfare reforms vanish and spending demands grow for the NHS and military.
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Evening StandardEvening Standard
+11 Reposted by 11 other sources
Center

Chancellor guided by ‘fairness’, senior minister says of calls for wealth tax

Transport Secretary Heidi Alexander would not directly rule out tax rises in the next budget as she toured the broadcast studios on Sunday morning.

·London, United Kingdom
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a question about taxes? It may soon be a Varois who will answer you on the phone or who will provide in writing an answer to your request made on the online platform impots.gouv.fr As part of the implementation of the New Community Network (NRP), the Minister of Accounts published

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The Independent broke the news in London, United Kingdom on Sunday, July 13, 2025.
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