Finance secretary may have to 'revisit' no tax rise pledge

BBC NewsSunday, November 9, 2025 at 1:54:49 PM
Finance secretary may have to 'revisit' no tax rise pledge
Finance Secretary Shona Robison has indicated that she may need to reconsider her pledge not to raise taxes due to potential unforeseen pressures on Scotland's finances stemming from the Chancellor's upcoming Budget decisions. This situation highlights the interconnectedness of fiscal policies and the challenges faced by regional governments in managing their budgets amidst broader economic decisions made at the national level. The implications of these decisions could significantly impact Scotland's financial stability and public services.
— via World Pulse Now AI Editorial System

Was this article worth reading? Share it

Recommended apps based on your readingExplore all apps
Continue Readings
How the chancellor just took a chunk out of your future pay
NegativeWorld Affairs
The Chancellor has announced a three-year freeze on the income tax thresholds, meaning that the point at which individuals start paying tax and the threshold for higher rates will remain unchanged. This decision is expected to impact the disposable income of many taxpayers, effectively reducing their future earnings.
OBR apologises over pre-Budget leak
NegativeWorld Affairs
The Office for Budget Responsibility (OBR) has issued an apology following the inadvertent leak of details regarding the upcoming Budget, which are typically kept confidential until the Chancellor's announcement to MPs. This incident has raised concerns about the integrity of the OBR's processes and its ability to maintain confidentiality.
'Smorgasbord' of tax hikes expected in today's budget - as more policies confirmed
NeutralWorld Affairs
The Chancellor is set to announce a comprehensive budget today, which is expected to include a range of tax increases aimed at stabilizing public finances while fostering economic growth. This comes amid rising concerns about the UK's financial outlook and the need for fiscal adjustments.
Reeves’s plan to cut cash Isa limit could raise mortgage rates, say finance bosses
NegativeWorld Affairs
Chancellor Rachel Reeves plans to reduce the annual cash ISA limit from £20,000 to £12,000, a move that has raised concerns among finance leaders about potential increases in mortgage rates and a decline in consumer savings. This decision is expected to be announced in the upcoming budget.