Tax rises expected as government borrowing highest in five years - official figures

Sky NewsFriday, September 19, 2025 at 5:44:00 AM
Tax rises expected as government borrowing highest in five years - official figures
Recent official figures reveal that government borrowing has reached its highest level in five years, presenting a significant challenge for Chancellor Rachel Reeves. This increase in borrowing could lead to potential tax rises, impacting households and businesses alike. Understanding these financial trends is crucial as they may shape economic policies and affect everyday life.
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