Reeves says she is looking at tax rises ahead of Budget

BBC NewsWednesday, October 15, 2025 at 12:00:15 PM
Reeves says she is looking at tax rises ahead of Budget
Chancellor Reeves has announced that she is contemplating tax increases as part of her preparations for the upcoming Budget. This move is aimed at strengthening the UK's financial stability, alongside potential adjustments to public spending. It's a significant step that reflects the government's commitment to managing the economy effectively, especially in challenging times.
— Curated by the World Pulse Now AI Editorial System

Was this article worth reading? Share it

Recommended Readings
U.K. man arrested in Quebec City over disappearance of British teenager
NeutralWorld Affairs
A man from England has been arrested in Quebec City by local police at the request of British authorities regarding the disappearance of a U.K. teenager. This development is significant as it highlights international cooperation in addressing serious cases like missing persons, ensuring that justice can be pursued across borders.
U.K. man arrested in Quebec City over disappearance of British teenager
NeutralWorld Affairs
A man from England has been arrested in Quebec City by local police at the request of British authorities regarding the disappearance of a U.K. teenager. This development is significant as it highlights international cooperation in addressing serious cases like missing persons, ensuring that justice can be pursued across borders.
Global government debt on course to hit 100% of GDP by 2029, IMF warns
NegativeWorld Affairs
The International Monetary Fund (IMF) has issued a warning that global government debt is projected to reach 100% of GDP by 2029, marking the highest level since the aftermath of World War II. This alarming trend highlights the increasing financial burdens faced by nations, with the UK among the G20 countries expected to see significant peaks in debt. Understanding these projections is crucial as they could impact economic stability and growth, affecting everything from public services to international markets.
Global government debt on course to hit 100% of GDP by 2029, IMF warns
NegativeWorld Affairs
The International Monetary Fund (IMF) has issued a warning that global government debt is projected to reach 100% of GDP by 2029, marking the highest level since the aftermath of World War II. This alarming trend highlights the increasing financial burdens faced by nations, with the UK among the G20 countries expected to see significant peaks in debt. Understanding these projections is crucial as they could impact economic stability and growth, affecting everything from public services to international markets.
GB News viewers more likely to wrongly believe net migration to UK increasing
NegativeWorld Affairs
A recent study from Cardiff University reveals that viewers of GB News are more likely to mistakenly believe that net migration to the UK is on the rise compared to audiences of other major news channels. This finding highlights concerns about the impact of biased reporting on public perception, especially regarding sensitive topics like immigration. Understanding how media influences beliefs is crucial for fostering informed discussions in society.
GB News viewers more likely to wrongly believe net migration to UK increasing
NegativeWorld Affairs
A recent study from Cardiff University reveals that viewers of GB News are more likely to mistakenly believe that net migration to the UK is on the rise compared to audiences of other major news channels. This finding highlights concerns about the impact of biased reporting on public perception, especially regarding sensitive topics like immigration. Understanding how media influences beliefs is crucial for fostering informed discussions in society.
UK must prepare for 2C rise in global warming by 2050, government warned
NeutralWorld Affairs
The Climate Change Committee has issued a warning that the UK needs to prepare for a potential 2°C rise in global temperatures by 2050, suggesting that adaptations should go beyond the commitments made in the Paris Agreement. This is significant as it highlights the urgency for the UK to enhance its climate resilience and take proactive measures to mitigate the impacts of climate change.
UK must prepare for 2C rise in global warming by 2050, government warned
NeutralWorld Affairs
The Climate Change Committee has issued a warning that the UK needs to prepare for a potential 2°C rise in global temperatures by 2050, suggesting that adaptations should go beyond the commitments made in the Paris Agreement. This is significant as it highlights the urgency for the UK to enhance its climate resilience and take proactive measures to mitigate the impacts of climate change.
Banker bonuses to be paid faster after UK regulators loosen rules
NegativeWorld Affairs
UK regulators have decided to shorten the deferral period for banker bonuses from eight years to four, a move that raises concerns about accountability in the banking sector. This change, made by the Bank of England and the Financial Conduct Authority, marks a significant rollback of regulations established after the 2008 financial crisis, which aimed to ensure that bankers could be held responsible for their actions long after they occurred. This shift could lead to a culture where financial misconduct is less likely to be penalized, potentially putting consumers at risk.
Banker bonuses to be paid faster after UK regulators loosen rules
NegativeWorld Affairs
UK regulators have decided to shorten the deferral period for banker bonuses from eight years to four, a move that raises concerns about accountability in the banking sector. This change, made by the Bank of England and the Financial Conduct Authority, marks a significant rollback of regulations established after the 2008 financial crisis, which aimed to ensure that bankers could be held responsible for their actions long after they occurred. This shift could lead to a culture where financial misconduct is less likely to be penalized, potentially putting consumers at risk.
Britain has lost control of its borders – home secretary
NegativeWorld Affairs
Home Secretary Shabana Mahmood has expressed concerns that the UK government is losing control over its borders, particularly regarding illegal migration. This issue is significant as it reflects public expectations for government action and raises questions about national security and immigration policy. The government's perceived failure to manage these challenges could lead to increased public dissatisfaction and political ramifications.
Britain has lost control of its borders – home secretary
NegativeWorld Affairs
Home Secretary Shabana Mahmood has expressed concerns that the UK government is losing control over its borders, particularly regarding illegal migration. This issue is significant as it reflects public expectations for government action and raises questions about national security and immigration policy. The government's perceived failure to manage these challenges could lead to increased public dissatisfaction and political ramifications.
Latest from World Affairs
Pakistan, Afghanistan agree to 48-hour ceasefire after explosions heard in Kabul
PositiveWorld Affairs
Pakistan and Afghanistan have reached a 48-hour ceasefire agreement after a series of deadly border clashes that resulted in the loss of over a dozen civilian lives. This truce, requested by Kabul, is significant as it marks a moment of de-escalation in the ongoing tensions between the two nations, particularly following the recent violence that has escalated since the Taliban took control in 2021. The agreement offers a glimmer of hope for peace and stability in the region.
Government will publish evidence in collapsed China case, PM says
NeutralWorld Affairs
The UK Prime Minister announced that the government will release evidence related to a collapsed case involving China, responding to calls from the Tories and Lib Dems for transparency. This move is significant as it aims to address concerns about accountability in legal proceedings and the handling of sensitive information, potentially restoring public trust in the government's actions.
Von der Leyen issues ultimatum to EU aspirant
NegativeWorld Affairs
Ursula von der Leyen, the President of the European Commission, has issued a stern warning to Serbia regarding its EU membership aspirations. She stated that Serbia must implement sanctions against Russia to be considered for EU accession. This ultimatum highlights the ongoing tensions between EU policies and Serbia's current stance on Russia, emphasizing the geopolitical complexities in the region. The situation is significant as it could impact Serbia's future relations with the EU and its alignment with Western policies.
NATO Secretary General Mark Rutte's address following NATO defence chiefs meeting in Brussels
NeutralWorld Affairs
NATO Secretary General Mark Rutte addressed journalists after a NATO defence ministers meeting in Brussels on October 15, 2025. His remarks are significant as they provide insights into the alliance's strategic direction and defense priorities, reflecting the ongoing commitment of member nations to collective security.
Starmer says he will publish witness statements for collapsed China spy trial – UK politics live
NeutralWorld Affairs
In a recent session of Prime Minister's Questions, UK Prime Minister Keir Starmer announced his intention to publish witness statements related to a collapsed spy trial involving China. He attributed the failure of the case to the previous government, highlighting the ongoing political accountability in the UK. This move is significant as it reflects the government's commitment to transparency and could have implications for future diplomatic relations and national security discussions.
Sweden, Estonia, and Finland pledge to increase spending on weapons purchases from US – Europe live
PositiveWorld Affairs
Sweden, Estonia, and Finland have announced plans to boost their defense spending on weapons purchases from the US, a move that reflects their commitment to enhancing security in the region. This decision comes as NATO Secretary-General Mark Rutte anticipates further financial pledges, with $2 billion already committed. Additionally, Sergiy Lysak has been appointed as the new head of the Odesa city military administration, signaling a shift in leadership amid ongoing military challenges in Ukraine. These developments are significant as they underscore the increasing focus on defense and military readiness in response to regional threats.