Chancellor Rachel Reeves is expected to implement “significant tax increases” in the upcoming Autumn Budget, according to analysts at Goldman Sachs.
Chancellor Rachel Reeves is expected to implement “significant tax increases” in the upcoming Autumn Budget, according to analysts at Goldman Sachs.
Speculation is mounting that the UK autumn budget will be delivered on 26 November.
Inflation rises to 3.8% in July.
Chancellor Rachel Reeves has deliberately declined to rule out the introduction of a wealth tax ahead of the autumn Budget, despite escalating borrowing pressures.
Retailers Warn £1.7bn Business Rates Hike Could Accelerate High Street Decline
Bank of England Could Cut Rates More Than Expected If Reeves Raises Taxes, Say Economists
The Chancellor appeared visibly emotional during Wednesday’s PMQs, with a spokesperson later attributing her reaction to a “personal matter.” However, it has since emerged that Reeves had a private confrontation
Boris Johnson, the UK Prime Minister, is set to recall Parliament after reports emerged that Taliban fighters had entered Kabul’s outskirts.