Tag: UK budget 2025
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Reeves Signals Break with 50-Year Tax Taboo as Budget Winds Pressure
Introduction: A Chancellor Unafraid to Set a Bold Course The front pages are buzzing as Chancellor Rachel Reeves takes center stage in the political and economic debate ahead of this month’s Budget. With warnings that voters face “necessary” choices to balance the books, Reeves appears ready to challenge a long-standing political taboo around tax increases…
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Reeves Signals Higher Taxes on the Wealthy as Part of November Budget Plan
Overview: Reeves frames November budget as a growth-focused plan Chancellor Rachel Reeves has signaled that higher taxes on the UK’s wealthiest could feature in the upcoming November budget, framing the move as part of a broader strategy to repair public finances without returning to austerity. Speaking in Washington at the International Monetary Fund (IMF) meetings,…