Rachel Reeves vows to 'grip the cost of living' - despite expectation of tax rises in budget
The UK Government will freeze rail fares nationwide next year, saving passengers £600 million on a billion journeys amid ongoing cost-of-living pressures.
- Chancellor Rachel Reeves has pledged to 'grip the cost of living crisis' despite expected tax rises in the upcoming budget.
- The UK government will freeze rail fares for the first time in thirty years to help ease household financial pressures.
- Reeves stated that soaring prices 'hit ordinary families most' and emphasized the need to control inflation for economic recovery.
- The budget is set to address inflation, with anticipated tax increases to stabilize public finances.
23 Articles
23 Articles
Britain must make things again
After weeks of briefings we are braced for a “cost of living” budget tomorrow. That is unsurprising – it is almost always voters’ top concern. The Chancellor has to respond. But this must go further than short-term measures to cut bills. Our cost-of-living crisis is driven by a crisis of production – something recognised by post-war politicians but lost in recent decades. From today’s vantage point, the post-war settlement appears one of remark…
The Chancellor's Red Box: Why is it used for the Autumn Budget?
The red box being hauled out often means one thing… tax hikes (Picture: Getty) To stand in front of No.11 with a red box held high and cameras flashing is a rite of passage for British chancellors heading to the House of Commons to deliver their annual Budget statement. Rachel Reeves has joined them before, stepping up to the despatch box to tell us all how much tax we’ll have to cough up over the next 12 months—including changes to the minimum …
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