Reeves' Budget: Tax Hikes Ahead for UK
Update: 2025-11-26
Description
Britains Labour government, led by Chancellor Rachel Reeves, prepares for its second budget, facing economic challenges after a year of tax increases. Reeves is expected to announce more tax hikes, focusing on smaller adjustments like freezing tax thresholds and introducing a mansion tax, to address a £20-30 billion shortfall in public funds.
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