Reeves' Budget Crisis: UK Productivity Downgrade
Update: 2025-10-02
Description
Brace yourself, Britain! Chancellor Rachel Reeves is about to get slammed with a £20 billion downgrade right before the autumn Budget, thanks to overly optimistic productivity forecasts. This could blow a £40 billion hole in government finances, forcing Reeves to make brutal choices: hike taxes or slash spending. With borrowing already sky-high and global threats looming, is another round of tax increases inevitable? All will be revealed November 26th.
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