'Smorgasbord' of tax hikes expected in today's budget - as more policies confirmed

Sky NewsWednesday, November 26, 2025 at 12:01:00 AM
'Smorgasbord' of tax hikes expected in today's budget - as more policies confirmed
  • 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.
  • This budget is critical for the Chancellor as it seeks to address a significant £22 billion shortfall highlighted by financial experts, which could have lasting implications for public services and economic stability if not managed effectively.
  • The anticipated tax hikes reflect ongoing debates about fiscal responsibility and equity, particularly as the Chancellor emphasizes that those with the broadest shoulders should contribute more. This situation is further complicated by declining consumer confidence and the broader economic challenges facing the UK.
— via World Pulse Now AI Editorial System

Was this article worth reading? Share it

Recommended apps based on your readingExplore all apps
Continue Readings
London councils hit by 'cyber attack' with data potentially compromised
NegativeWorld Affairs
Multiple London councils have experienced a cyber attack, raising concerns about the potential compromise of residents' personal data. The incident highlights vulnerabilities in local government cybersecurity measures and the increasing frequency of such attacks.
Ministers briefed on major curbs to jury service, Sky News understands
NeutralWorld Affairs
Ministers have been briefed on significant restrictions to jury service, which may limit juries to deciding only on cases of murder, rape, or manslaughter, according to Sky News.
Children of murder victim Muriel McKay lose bid to scan garden where remains are thought to be buried
NegativeWorld Affairs
The children of Muriel McKay, a murder victim, have been denied permission to scan a garden where they believe her remains may be buried. This decision follows ongoing efforts to locate her remains, which have been a source of distress for the family since her disappearance.
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.
Graham Thorpe 'would still be alive' with more support from English cricket's governing body, says widow
NegativeWorld Affairs
Graham Thorpe's widow has stated that her husband would still be alive if he had received more support from the governing body of English cricket. This comment follows the tragic passing of the former cricketer, highlighting concerns about mental health support within the sport.
Primary school cancels Christmas show after 'racist abuse'
NegativeWorld Affairs
A primary school has canceled its Christmas show following incidents of racist abuse directed at students. This decision reflects the school's commitment to providing a safe and inclusive environment for all students, highlighting the serious implications of such behavior on community events.
'One in four' GPs using AI at work despite vast majority having no training
NeutralWorld Affairs
A recent report indicates that one in four general practitioners (GPs) are utilizing artificial intelligence (AI) in their work, despite a significant majority lacking formal training in this technology. This trend highlights the growing integration of AI tools in healthcare settings, reflecting a shift in how medical professionals approach patient care and administrative tasks.
Milkshakes and lattes to be hit with sugar tax, Wes Streeting announces
NegativeWorld Affairs
Health Secretary Wes Streeting announced that milkshakes and lattes will be subject to a sugar tax for the first time, as part of efforts to combat obesity. This measure is aimed at reducing sugar consumption among the population.