Rachel Reeves confirms government is looking at tax rises

It's all but certain: Tax rises are coming. Chancellor Rachel Reeves has revealed the government is considering making tax hikes at this year’s Budget, the first time she has made the admission in public. In an interview with Sky News, Reeves admitted that the government was considering raising tax and cutting spending to fill a fiscal hole. The Chancellor said she would “always make sure that the numbers add up” as she pointed to expected productivity downgrades by the Office for Budget Responsibility (OBR) for contributing to a fiscal hole in the public finances. Read the full story at the link in the bio 🔗 #economy #news #tax #labour #reeves