Reeves aims to prepare voters and markets for possible budget tax rises

Reeves aims to prepare voters and markets for possible budget tax rises - short news


Speech attempts to take back narrative with talk of ‘years of economic mismanagement’, Brexit and tariffs

Reeves avoids ruling out tax rises as autumn budget looms

There were two audiences for Rachel Reeves’s hastily arranged early morning speech on Tuesday: the financial markets, and Labour’s disillusioned voters.

As she made clear, though only obliquely, Keir Starmer’s government was considering abandoning its pre-election pledge not to raise income tax, backed..


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source: The Guardian - 04.11.2025

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