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Rachel Reeves refuses to rule out tax rises as autumn budget looms

Chancellor says she needs to respond to challenges in speech intended to frame tough choices UK facesAnalysis: Reeves aims to prepare voters and markets for tax risesUK politics live – latest updatesRachel Reeves has refused to rule out tax rises in this month’s budget, insisting she must “deal with the world as I find it, not the world as I might wish it to be”.The UK chancellor foreshadowed an income tax increase, a breach of Labour’s manifesto commitment, as a result of the public finances being in a worse state than expected after “years of economic mismanagement”. Continue reading...

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