Reeves refuses to rule out income tax rises in Budget

BBC NewsFriday, October 24, 2025 at 4:55:49 PM
Reeves refuses to rule out income tax rises in Budget
Chancellor Reeves has recently indicated a potential openness to raising income tax, a departure from the usual practice of keeping tax plans under wraps before the Budget announcement. This shift in tone is significant as it suggests that the government may be considering new revenue strategies to address economic challenges, which could impact taxpayers and public services.
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