Reeves to lay groundwork for tax rises in ‘candid’ speech about budget

Chancellor to promise ‘fairness and opportunity’ but will not repeat manifesto pledge on tax, after PM’s hint at breachRachel Reeves will lay the groundwork for a tax-raising budget that could break Labour’s election promise on income tax, in a major speech in which she will be “candid” about the tough choices ahead.The chancellor will give the speech as the markets open on Tuesday, when she will promise to make fair choices at this month’s budget but decline to repeat her manifesto pledge of no rise in income tax, VAT or national insurance. Continue reading...

Comments

Business News

Emergency planning reforms only scratch the surface of London's housing crisis

Evening Standard

Comments

Similar News

Rachel Reeves Autumn Budget could hit pensioners with £1k bills

Budget will be 'fair' says Reeves as tax rises expected

Time for Reeves to recognise reality: AstraZeneca has killed stamp duty on shares | Nils Pratley

Manufacturing sheds jobs for 12 months in a row as firms squeezed by Rachel Reeves' last Budget - and worry about the next one

Rachel Reeves's housing scandal was a small administrative error, but a big political mistake | Oliver Eagleton

Keanu Reeves’ ‘Good Fortune’ New On Streaming This Week, Report Says

Rachel Reeves’s 5% VAT cut on electricity bills will backfire, experts say

Rachel Reeves considers 20% tax on assets of people deciding to leave UK

I'm a pensions expert and I've just taken a lump sum before Reeves can raid it - here's everything you need to know about what happened (and why you have to act NOW if this is your plan)

The crescendo of pre-budget lobbying has rarely been so loud. Rachel Reeves must tune it out | Polly Toynbee

Would Rachel Reeves dare to hike income tax? This is Money Podcast

After Rachel Reeves' rental licence misstep, here's what ALL landlords need to know

Will Rachel Reeves raid LLPs in the Budget and what do lawyers, accountants and GPs stand to lose?

Lettings agency takes blame in Rachel Reeves licence row

Reeves' series of blunders: Rental licence fail is not Chancellor's only act of neglect, says ALEX BRUMMER

Rachel Reeves: What is a selective property licence and who needs one?

No 10 refuses to say if ethics adviser saw proof Reeves’s rental breach was ‘inadvertent’

Voices: ‘Tax the wealthy, not the workers’: Readers divided on how Reeves should tackle £20bn Budget blackhole

Government borrowing costs rise as Rachel Reeves comes under pressure

Rachel Reeves: What is a selective property licence and who needs one?

Business News

Emergency planning reforms only scratch the surface of London's housing crisis

WWE Raw Results: Takeaways From November 3, 2025

Don Mattingly Re-Enters The Spotlight With Another Shot At Hall Of Fame Induction

Real Madrid Versus Liverpool Champions League Line Ups

'Energy profits cost households £500 each - time to get a grip'

HSBC to let wealthy mortgage customers borrow up to 6.5 times their salary

Why won't my building society take savings tax directly from my tax code anymore?

People earning less than £40,000 say they can't afford to have more children

How does salary sacrifice work and is this handy pension perk under threat in the Budget?

Two in five leave school saying they're 'no good at maths' and it's hitting their finances

Can I get an injunction against antisocial HMO neighbours?

YouTube throws shade at ABC News in the latest chapter of its fight with Disney

Meet the investor buying 60% of Starbucks' China business in a $4 billion deal

India Box Office: ‘Bahubali The Epic’ Ranks Among Global Top 10

QB Jayden Daniels Suffers Elbow Dislocation. Here’s What To Know

South Korean president calls for aggressive AI spending in budget speech

Emma Bunton says hair mask is 'just brilliant' that's now £4 in Christmas bundle

Reese Witherspoon says being anxious was her biggest career advantage

Ukraine's drone-on-drone war is kicking into high gear

This Trillionaire Economy Thrived in a Global Order Trump Is Ditching

UFC Releases Fighter And Issues Statement On Abnormal Betting Patterns

Revlon Looks To The Future While Keeping An Eye On The Past

Obi Toppin Out Months, Jeremiah Robinson-Earl Joins Injured Pacers

Today’s Wordle #1599 Hints And Answer For Tuesday, November 4

DWP benefit payment dates to move and extra cash due to arrive

Stop using passport photos and one-liners in your dating profile &mdash; Coffee Meets Bagel's CEOs give 3 tips to stand out

Shein bans all sex dolls after outrage over childlike products

Mexican Rom-Com ‘Mesa De Regalos’ Drops On Hulu After Box Office Success

NYT ‘Strands’ Hints And Answers For Tuesday, November 4

When Is ‘Frankenstein’ Streaming On Netflix? Here’s Exactly When To Watch This Week

‘Snowfall’ Spinoff Exploring ’90s West Coast Rap Scene Ordered At FX

Gervonta Davis Posts Controversial Message After Victor Conte’s Death

NYT Pips Hints, Walkthrough And Solutions For Tuesday, November 4

Donald Trump Says New Yorkers ‘Must Vote’ For Andrew Cuomo

Rachel Reeves Autumn Budget could hit pensioners with £1k bills

Denny's to be acquired and taken private in a deal valued at $620 million

Even the Dallas Cowboys couldn't end the ESPN blackout on YouTube TV

Palantir is proud of its 'disciplined' hiring practices

Palantir CEO Alex Karp calls his company the first to be 'completely anti-woke'

More than half households ‘made adjustments to cover essential costs’ – Which?

Royal Mail reveals Christmas stamp designs for this year

Father and teenage son bond over ’90s club hit for John Lewis Christmas campaign

Aspiration to own a ‘forever’ home is ‘losing relevance for younger generations’

First new Amazon electric heavy goods vehicles hit UK roads

Tax rises at Budget ‘inevitable’, think tank with close Labour links claims

Scale of workplace violence and abuse ‘shocking and unacceptable’, says charity

‘Classic’ Papo’s Bagel named Deliveroo’s most popular order for 2025

First new Amazon electric heavy goods vehicles hit UK roads

Scale of workplace violence and abuse ‘shocking and unacceptable’, says charity

Farage says substantial tax cuts ‘not realistic’

Father and teenage son bond over ’90s club hit for John Lewis Christmas campaign

‘Classic’ Papo’s Bagel named Deliveroo’s most popular order for 2025

Reaganomics in Jersey: Jack Ciattarelli has a supply-side dream if he’s elected governor this week

Millions of Brits forced to make lifestyle changes to afford everyday essentials

More than half households ‘made adjustments to cover essential costs’ – Which?

Aspiration to own a ‘forever’ home is ‘losing relevance for younger generations’

Atlanta Braves Boost Bench Coach Walt Weiss To Manager For 2026

Stop using passport photos and one-liners in your dating profile — Coffee Meets Bagel's CEOs give 3 tips to stand out