UK's Reeves paves way for tax rises in her next budget

Pound Falls, UK Borrowing Costs Ease as Reeves Signals Tough Budget Ahead

Britain’s finance minister, Rachel Reeves, delivered a rare pre-budget speech on Tuesday, laying the groundwork for her November 26 budget. She described it as one of “hard choices,” emphasizing fiscal discipline and a commitment to reducing national debt. Reeves hinted at broad-based tax increases to protect public services while steering clear of a return to […] The post Pound Falls, UK Borrowing Costs Ease as Reeves Signals Tough Budget Ahead…

Which taxes could rise at next Budget?

There are many options on the table as the chancellor looks to raise considerable sums

Rachel Reeves puts UK on notice that tax rises are on the way with Brexit and Trump blamed

Rachel Reeves could become the first UK Chancellor in 50 years to rip up a manifesto commitment not to increase income tax.

UK's Reeves paves way for tax rises in her next budget

British finance minister Rachel Reeves paved the way for broad tax rises to avoid a return to "austerity" on Tuesday, framing her second annual budget as one of "hard choices" to protect public spending while reducing Britain's debt.

‘Must do our bit’: Chancellor warns that tax rises are on the way in Budget

Rachel Reeves put the country on notice that tax rises are coming in her Budget, saying “each of us must do our bit”.

Pound Dips as Reeves Sets Stage for Tough UK Budget

The British pound and borrowing costs fell as Finance Minister Rachel Reeves emphasized commitment to fiscal discipline, signaling potential tax hikes.