Reeves warned over £50bn ‘debt fiddle’
2 months ago

Reeves warned over £50bn ‘debt fiddle’

The Telegraph  

Rachel Reeves has been warned that interest rates will stay higher for longer after the Chancellor said she will change Britain’s debt rules to unleash a borrowing spree of up to £50bn. The Chancellor confirmed she will change how debt is calculated to take into account the benefits of investment spending at her maiden Budget next week, even as her plans triggered jitters in financial markets. In a departure from the previous government’s debt rules, the Chancellor said on Thursday her fiscal rules will ensure that debt will fall “during the course of this parliament”. The markets are watching.” Andrew Griffith, the former City minister, compared Ms Reeves’s plan to borrow more to “breaking promises like a runaway horse charging through jumps at the Grand National”.

Debt Chancellor  warned  change  higher  rates  debt  reevess  reeves  chancellor  fiddle  borrowing  50bn  rules  triggered

History of this topic

Rachel Reeves is accused of 'outright falsehood' after claiming she protected 'working people' by not hiking their NI in her Budget
5 days, 3 hours ago

Rachel Reeves is accused of 'outright falsehood' after claiming she protected 'working people' by not hiking their NI in her Budget

Daily Mail  

Rachel Reeves was yesterday accused of ‘outright falsehood’ over her claims about Labour’s handling of the economy The Chancellor was mauled by former Bank of England official Andrew Sentance over her response to figures showing inflation climbed to 2.6 per cent in November, an eight-month high amid increasing evidence that the party is derailing Britain’s recovery. Ms Reeves claimed in …

Starmer and Reeves row back from ‘no more borrowing or taxes’ pledge
3 weeks, 5 days ago

Starmer and Reeves row back from ‘no more borrowing or taxes’ pledge

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Sir Keir echoed that comment in the House of Commons when challenged by Conservative …

Why Britain’s inflation nightmare may not be over
1 month, 2 weeks ago

Why Britain’s inflation nightmare may not be over

The Telegraph  

Rachel Reeves’s record tax-raising Budget will be bad news for homeowners with mortgages, according to the Bank of England. Threadneedle Street has warned that interest rates are expected to fall more slowly because of Reeves’s inflationary Budget, keeping mortgage repayments higher for longer. Rising costs for employers and a big rise in government spending means inflation will now take a …

Rachel Reeves driving up prices with tax and spend Budget, warns Bank of England
1 month, 2 weeks ago

Rachel Reeves driving up prices with tax and spend Budget, warns Bank of England

The Telegraph  

In his first assessment of the Chancellor’s maiden Budget, Governor Andrew Bailey said a “substantial” increase in public spending and tax changes that “clearly raise the cost of employment” will drive prices higher over the next three years. It came as shares on Wall Street continued to scale record highs amid expectations of a fresh wave of tax cuts and …

UK debt woe as borrowing costs surge again amid fresh market jitters
1 month, 2 weeks ago

UK debt woe as borrowing costs surge again amid fresh market jitters

Daily Mail  

UK borrowing costs hit a post-Budget peak yesterday Yields on ten-year UK bonds – known as gilts – surpassed levels seen last week to reach a new one-year high of 4.541 per cent. Debt shock: Yields on ten-year UK bonds – known as gilts – surpassed levels seen last week to reach a new one-year high of 4.541% That has …

Spike in UK Borrowing Costs Wipes Out Reeves’ Fiscal Headroom
1 month, 2 weeks ago

Spike in UK Borrowing Costs Wipes Out Reeves’ Fiscal Headroom

Live Mint  

The increase in UK borrowing costs since last week’s budget has wiped out all of Chancellor of the Exchequer Rachel Reeves’ headroom against her main fiscal rule, raising the prospect of further tax rises or spending cuts unless the debt picture changes. Tom Josephs, a senior member of the UK’s fiscal watchdog, told lawmakers Tuesday that a 0.3 percentage point …

Financial market worries over the UK budget appear to ease
1 month, 3 weeks ago

Financial market worries over the UK budget appear to ease

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Please try again later {{ …

Chancellor seeks to calm markets amid jitters after Budget borrowing spree
1 month, 3 weeks ago

Chancellor seeks to calm markets amid jitters after Budget borrowing spree

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Chancellor Rachel Reeves is seeking …

Martin Lewis blasts Rachel Reeves for not coming on his ITV Money Show as he tears apart Autumn Budget in a brutal rant
1 month, 3 weeks ago

Martin Lewis blasts Rachel Reeves for not coming on his ITV Money Show as he tears apart Autumn Budget in a brutal rant

Daily Mail  

Martin Lewis publicly blasted the Chancellor for not appearing on his popular ITV show yesterday and said she had 'missed the chance to give her interpretation' on the Autumn Budget. Martin Lewis publicly blasted the Chancellor for not appearing on his popular ITV show yesterday and said she had 'missed the chance to give her interpretation' In a package that …

Britain faces years of ‘muted’ growth after Reeves’ Budget, warns Moody’s
1 month, 3 weeks ago

Britain faces years of ‘muted’ growth after Reeves’ Budget, warns Moody’s

The Telegraph  

Britain faces years of “muted” growth and higher borrowing costs after Rachel Reeves’ maiden Budget, Moody’s has warned. Moody’s also warned that higher spending on infrastructure would only boost growth if ministers successfully tackled issues that have dogged the UK economy for years, such as the worklessness crisis and long planning delays. “We expect growth in our baseline to remain …

Rachel Reeves admits tax hikes will hit working people as IFS accuses chancellor of ‘undermining trust’
1 month, 3 weeks ago

Rachel Reeves admits tax hikes will hit working people as IFS accuses chancellor of ‘undermining trust’

The Independent  

Sign up for the View from Westminster email for expert analysis straight to your inbox Get our free View from Westminster email Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. “How the Budget red book can include the sentence ‘the …

Government borrowing costs rise further after Budget
1 month, 3 weeks ago

Government borrowing costs rise further after Budget

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Government borrowing costs leapt higher …

Rachel Reeves gambles on £40bn tax rise in her first Budget
1 month, 3 weeks ago

Rachel Reeves gambles on £40bn tax rise in her first Budget

The Independent  

Sign up for the View from Westminster email for expert analysis straight to your inbox Get our free View from Westminster email Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Please try again later {{ /verifyErrors }} Rachel Reeves gambled …

Taxes will have to rise further despite Reeves’ £40bn tax grab, IFS director warns
1 month, 3 weeks ago

Taxes will have to rise further despite Reeves’ £40bn tax grab, IFS director warns

The Independent  

Sign up for the View from Westminster email for expert analysis straight to your inbox Get our free View from Westminster email Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Mr Johnson said: “The growth forecasts are pretty awful, there …

Brits will end up being paid less after Labour's Budget, admits Rachel Reeves as she refuses to rule out MORE tax hikes and economists warn growth will be crushed record burden
1 month, 3 weeks ago

Brits will end up being paid less after Labour's Budget, admits Rachel Reeves as she refuses to rule out MORE tax hikes and economists warn growth will be crushed record burden

Daily Mail  

This video is no longer available This video is no longer available Rachel Reeves admitted Brits will see lower wages as a result of her Budget mega-raid today - amid warnings she will be back for more. Rachel Reeves on a visit to a hospital in Coventry with Keir Starmer today after delivering her Budget The OBR said the Budget …

DAILY MAIL COMMENT: This was a painful budget - with worse to come
1 month, 3 weeks ago

DAILY MAIL COMMENT: This was a painful budget - with worse to come

Daily Mail  

There are three kinds of lies, said Mark Twain. In her first Budget, Chancellor Rachel Reeves cynically reneged on those promises with a £40billion tax bombshell. Chancellor Rachel Reeves said the country had 'voted for change' and vowed to 'invest' as she mounts one of the biggest raids in history in the Commons Ms Reeves carried out the traditional photo …

Borrowing costs surge as markets turn on Reeves
1 month, 3 weeks ago

Borrowing costs surge as markets turn on Reeves

The Telegraph  

The lurch upwards pushed the gap between British and German borrowing costs to their widest since the wake of the Liz Truss mini-Budget, reflecting the extra premium on UK debt. The Chancellor scrambled to calm investor nerves on Thursday, insisting that the “number one commitment” of the Labour Government was “economic and fiscal stability”. However, Megum Muhic, of RBC Capital …

A Halloween Budget that was as much trick as treat
1 month, 3 weeks ago

A Halloween Budget that was as much trick as treat

The Independent  

The first Labour Budget for 14 years, and the first ever from a female chancellor of the Exchequer, was impressive in its presentation. The danger, both economic and political, is that Ms Reeves will have to return to the Commons near Halloween in a few years’ time with another “horror story” and terrify hard-pressed taxpayers once again. In her Budget …

Reeves uses first Budget to hike taxes, increase...
1 month, 3 weeks ago

Reeves uses first Budget to hike taxes, increase...

Daily Mail  

Rachel Reeves raised taxes to a historic high and sent borrowing soaring as she gambled on increased spending to boost growth and repair public services. But despite Labour’s promises to protect “working people”, a £25.7 billion increase in national insurance contributions paid by employers is likely to reduce wages and lead to job losses. Rebuilding Britain.” But Tory leader Rishi …

Reeves uses first Budget to hike taxes, increase borrowing and boost spending
1 month, 3 weeks ago

Reeves uses first Budget to hike taxes, increase borrowing and boost spending

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. But despite Labour’s promises to protect “working people”, a …

How Labour might unlock £57 billion at the budget in ‘simple’ fiscal rule change
1 month, 3 weeks ago

How Labour might unlock £57 billion at the budget in ‘simple’ fiscal rule change

The Independent  

Sign up for the View from Westminster email for expert analysis straight to your inbox Get our free View from Westminster email Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Please try again later {{ /verifyErrors }} Rachel Reeves will …

Millions of working people will suffer from Reeves’s first Budget, warns OBR
1 month, 3 weeks ago

Millions of working people will suffer from Reeves’s first Budget, warns OBR

The Telegraph  

Millions of working people will suffer from Rachel Reeves’ Budget tax raid, the Government’s fiscal watchdog has warned. Workers will pay for 80pc of the Chancellor’s increase in employer National Insurance in the long term through lost wage increases and lower income, according to the Office for Budget Responsibility. Homeowners also face hundreds of pounds more in mortgage bills, with …

Investors brace for £300bn borrowing binge in Rachel Reeves' Budget
1 month, 3 weeks ago

Investors brace for £300bn borrowing binge in Rachel Reeves' Budget

Daily Mail  

Government borrowing costs have hit their highest level since Labour came to power as global investors brace for the Chancellor to unleash a £300billion borrowing binge. The rate has surged from 3.75 per cent in mid-September amid concern on the bond markets about the Chancellor's borrowing plans and her decision to significantly loosen debt rules. Investors are braced for the …

Reeves warns that Budget pain will just be the beginning with more difficult choices to come
1 month, 3 weeks ago

Reeves warns that Budget pain will just be the beginning with more difficult choices to come

The Independent  

Sign up for the View from Westminster email for expert analysis straight to your inbox Get our free View from Westminster email Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. But with the prime minister also warning of “tough choices” …

Ailbhe Rea: The Night Before the Budget
1 month, 3 weeks ago

Ailbhe Rea: The Night Before the Budget

Bloomberg  

Rachel Reeves will deliver her budget tomorrow — the first by a Labour government in 14 years, the first in history by a female chancellor, and set to be one of the UK’s biggest ever tax-raising events. As Philip Aldrick writes today in his essential briefing on everything to look for, Reeves has given herself “the seemingly contradictory tasks of …

Rachel Reeves set to increase borrowing after announcing major change to fiscal rules
1 month, 4 weeks ago

Rachel Reeves set to increase borrowing after announcing major change to fiscal rules

The Independent  

Sign up for the View from Westminster email for expert analysis straight to your inbox Get our free View from Westminster email Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. But former chancellor Jeremy Hunt warned his advice from the …

Reeves confirms change to debt rule and warns of higher taxes as Budget looms
1 month, 4 weeks ago

Reeves confirms change to debt rule and warns of higher taxes as Budget looms

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. “That will make space for increased investment in the …

Public sector pay rises hand Reeves a £6.7bn headache ahead of Budget
2 months ago

Public sector pay rises hand Reeves a £6.7bn headache ahead of Budget

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Please try again later {{ …

Reeves’s Budget to keep interest rates higher for longer, say economists
2 months ago

Reeves’s Budget to keep interest rates higher for longer, say economists

The Telegraph  

Rachel Reeves’s plans for increased borrowing and spending will force the Bank of England to hold interest rates higher for longer, leading economists have said. Pantheon Macroeconomics said that rates would be 0.25 to 0.5pc percentage points higher during the next financial year as a result of the Chancellor’s looser fiscal policy. Economists Robert Wood and Elliott Jordan-Doak said: “The …

Reeves tax raid risks £84bn black hole in public finances, say Truss-backed economists
2 months ago

Reeves tax raid risks £84bn black hole in public finances, say Truss-backed economists

The Telegraph  

Rachel Reeves has been warned that an aggressive Budget tax raid risks opening up a £84bn “black hole” in the public finances by crippling economic growth. Analysis by the Growth Commission, an economic advisory group set up by Liz Truss, the former prime minister, suggests mooted tax rises in their most extreme form could knock 8.8pc off GDP growth per …

'Make no mistake, this will be Rachel's Budget': October announcement will reveal Chancellor's vision for the future of Britain more than it does Keir Starmer's, allies say
2 months ago

'Make no mistake, this will be Rachel's Budget': October announcement will reveal Chancellor's vision for the future of Britain more than it does Keir Starmer's, allies say

Daily Mail  

The Budget will reveal Rachel Reeves's vision for the future of the UK, rather than that of Sir Keir Starmer, say allies of the Chancellor. MPs expect Ms Reeves to emerge from the October 30 announcement looking increasingly powerful as she sets out her plan for the economy, despite the tax-raising measures that are expected to hit families. She will …

I was Rachel Reeves’s boss at the Bank of England – here’s what she should do now
2 months, 1 week ago

I was Rachel Reeves’s boss at the Bank of England – here’s what she should do now

The Independent  

Dear Rachel, I know from your time at the Bank of England that you will not be daunted by the formidable challenges facing you as chancellor. There is only one sensible definition of fiscal sustainability – the structure of tax rates will generate sufficient revenue to allow the ratio of debt to national income to fall slowly but steadily in …

Rachel Reeves warns of ‘difficult’ tax choices at the Budget
2 months, 1 week ago

Rachel Reeves warns of ‘difficult’ tax choices at the Budget

The Telegraph  

Rachel Reeves has warned of “difficult” tax choices coming up at her first Budget at the end of the month. The Chancellor told a meeting of Sir Keir Starmer’s political Cabinet that it would take more than just one Budget to fix the public finances as she signalled harsh spending, welfare and tax decisions. A Labour spokesman said: “The Chancellor …

Rachel Reeves is accused of holding back the economy after Britain eked out growth of just 0.2 per cent in August
2 months, 1 week ago

Rachel Reeves is accused of holding back the economy after Britain eked out growth of just 0.2 per cent in August

Daily Mail  

Rachel Reeves was yesterday accused of holding back the economy after Britain eked out growth of just 0.2 per cent in August amid the Chancellor’s relentlessly ‘negative’ rhetoric. Rachel Reeves put a positive tone on the news on Friday, pointing to a major investment summit being held next week Official figures showed GDP expanding 0.2 per cent at the end …

Rachel Reeves’s potential borrowing plan risks repeat of Truss mini-Budget meltdown, warns financial expert
2 months, 2 weeks ago

Rachel Reeves’s potential borrowing plan risks repeat of Truss mini-Budget meltdown, warns financial expert

The Independent  

Sign up for the View from Westminster email for expert analysis straight to your inbox Get our free View from Westminster email Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. “The response recalls the shockwaves from Truss’s controversial fiscal plan …

Britain’s borrowing costs nearly double Germany’s as investors brace for Budget
2 months, 2 weeks ago

Britain’s borrowing costs nearly double Germany’s as investors brace for Budget

The Telegraph  

Rachel Reeves, the Chancellor, has promised to take “difficult decisions” in her upcoming Budget to limit ever-increasing debts. Downing Street on Tuesday dismissed suggestions that changes to the fiscal rules could trigger a bond market meltdown similar to the one seen after the mini-Budget in 2022. “That includes moving the current Budget into balance, it includes debt falling as a …

Rachel Reeves warned potential £50bn spend could cause interest rates to surge
2 months, 2 weeks ago

Rachel Reeves warned potential £50bn spend could cause interest rates to surge

The Independent  

Sign up for the View from Westminster email for expert analysis straight to your inbox Get our free View from Westminster email Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. But the Treasury paper warns a “fiscal loosening” of just …

Will Rachel Reeves’s creative accounting be enough to pull Britain out of its financial black hole?
2 months, 2 weeks ago

Will Rachel Reeves’s creative accounting be enough to pull Britain out of its financial black hole?

The Independent  

Speaking at a glassmaking factory in Cheshire on Friday, Keir Starmer promised to build two carbon capture and storage “clusters” on Merseyside and Teeside. The project will cost £21.7bn, with the promise that they will create 5,000 “good jobs”, boost the economies of the regions where they will be based, and help make Britain a green industry power. Mortgage rates …

For her next trick... how the Chancellor could make debt seem to disappear - as millions brace for a painful October Budget
2 months, 3 weeks ago

For her next trick... how the Chancellor could make debt seem to disappear - as millions brace for a painful October Budget

Daily Mail  

Gordon Brown bent them. Now Rachel Reeves is set to follow the example of previous Chancellors by changing the so-called 'fiscal rules' – the Government's self-imposed limits on debt and borrowing. Rachel Reeves is set to follow the example of previous Chancellors by changing the so-called 'fiscal rules' – the Government's self-imposed limits on debt and borrowing As things stand, …

Reeves ‘risks jump in interest rates’ by rewriting debt rules
2 months, 3 weeks ago

Reeves ‘risks jump in interest rates’ by rewriting debt rules

The Telegraph  

Rachel Reeves’s “opportunistic” attempt to rewrite Britain’s fiscal rules ahead of the Budget risks causing a surge in interest rates, a leading think tank has warned. The Institute of Fiscal Studies said any move to alter the Chancellor’s self-imposed fiscal rules “would not be without risks”, which comes ahead of her maiden Budget in October. However, the IFS warned that …

Reeves prepares to rewrite debt rules to unlock up to £50bn in spending
3 months ago

Reeves prepares to rewrite debt rules to unlock up to £50bn in spending

The Telegraph  

Rachel Reeves is considering rewriting Britain’s debt rules in a move that could unlock up to £50bn of spending in her maiden Budget. The Chancellor is understood to be considering changing how debt is calculated to take into account investment spending, as she gave the clearest signal yet that she wanted to relax the rules. But if we put off …

Rachel Reeves is about to embark upon a massive debt binge
3 months ago

Rachel Reeves is about to embark upon a massive debt binge

The Telegraph  

This is important because the Treasury uses this metric – known as the “cash requirement” – as the basis for the remit it gives the Debt Management Office, which is responsible for issuing all the bonds needed to service those needs. The issuing of gilts, as British government bonds are known, has soared since the pandemic, and is likely to …

Why the Left wants to tempt Reeves into a risky borrowing binge
3 months, 1 week ago

Why the Left wants to tempt Reeves into a risky borrowing binge

The Telegraph  

In her first big move as Chancellor, Rachel Reeves sought to demonstrate an iron grip over the public purse. Now he either breaks them – or makes more cuts and bleeds popularity.” The paper has also since been joined by eight economists, mostly from academia and the public sector, who have written a letter arguing the Chancellor should tear up …

The real story behind Starmer, Reeves and a very painful Budget...
3 months, 3 weeks ago

The real story behind Starmer, Reeves and a very painful Budget...

The Independent  

Although Sir Keir Starmer appeared to lead from the front in his Downing Street rose garden speech setting out the government’s strategy, his fate is not in his own hands. These Starmer allies wonder whether Labour’s early announcements, such as on planning and housebuilding, will really deliver the government’s top priority of the UK enjoying the highest sustained growth in …

Labour’s borrowing figures aren’t just bad, they’re disastrous for its first Budget
4 months ago

Labour’s borrowing figures aren’t just bad, they’re disastrous for its first Budget

The Independent  

A ritual dance takes place after every economic statistic is issued: regardless of the figures, Labour ministers complain about their economic inheritance, while the Conservatives insist they bequeathed an economy that had turned a corner. Today’s performance came after worse-than-expected official figures showed the government borrowed £3.1bn last month, £1.8bn more than in July last year and the highest July …

Can Rachel Reeves get away with changing the rules on government borrowing?
4 months, 2 weeks ago

Can Rachel Reeves get away with changing the rules on government borrowing?

The Independent  

Rachel Reeves certainly looked very cross when she gravely told the House of Commons the other day that she’d discovered the now infamous “black hole” in the public finances for the current year. It’s certainly true that at least some of that deficit is down to a genuine political choice made by Reeves and the government – the pay boost …

Bank of England interest rate cut joy for mortgage holders as Rachel Reeves blames mini-Budget for inflation - UK politics live
4 months, 3 weeks ago

Bank of England interest rate cut joy for mortgage holders as Rachel Reeves blames mini-Budget for inflation - UK politics live

The Independent  

✕ Close Rachel Reeves admits taxes will rise in first Budget Sign up for the View from Westminster email for expert analysis straight to your inbox Get our free View from Westminster email Get our free View from Westminster email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy …

Rachel Reeves set to unveil £20bn black hole in public finances
4 months, 3 weeks ago

Rachel Reeves set to unveil £20bn black hole in public finances

The Independent  

Sign up for the View from Westminster email for expert analysis straight to your inbox Get our free View from Westminster email Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Please try again later {{ /verifyErrors }} Rachel Reeves is …

Chancellor Rachel Reeves is expected to reveal £20billion hole in UK's public finances - intensifying fears that hefty Labour tax hikes are on the way
4 months, 4 weeks ago

Chancellor Rachel Reeves is expected to reveal £20billion hole in UK's public finances - intensifying fears that hefty Labour tax hikes are on the way

Daily Mail  

Rachel Reeves is set to reveal a staggering deficit in the public finances of up to £20billion, working up to a significant tax hike this autumn. Rachel Reeves is set to reveal a staggering deficit in the public finances of up to £20billion, working up to a significant tax hike this autumn The Chancellor is expected to implement tax increases …

Discover Related