Rachel Reeves Prepares for Pivotal Budget Amid Economic Challenges
UK Chancellor Rachel Reeves is set to unveil her second budget on November 26, 2025, aimed at addressing the cost of living crisis and a £30 billion spending gap. The budget is expected to include significant tax increases, testing the confidence of both investors and Labour MPs. Amidst political pressure and economic scrutiny, Reeves is urging party unity to support her fiscal plans, which follow extensive consultations with stakeholders.
Rachel Reeves Prepares for Pivotal Budget Amid Economic Challenges
UK Chancellor Rachel Reeves is set to unveil her second budget on November 26, 2025, aimed at addressing the cost of living crisis and a £30 billion spending gap. The budget is expected to include significant tax increases, testing the confidence of both investors and Labour MPs. Amidst political pressure and economic scrutiny, Reeves is urging party unity to support her fiscal plans, which follow extensive consultations with stakeholders.
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