Chancellor declines to rule out income tax hike – reports

Rachel Reeves said she wanted to keep working people’s taxes ‘as low as possible’. (Joe Giddens/PA) - (PA Wire)

Rachel Reeves has declined to rule out raising income tax at next month’s Budget, according to reports.

The Chancellor has previously insisted that Labour’s manifesto commitment not to raise income tax, national insurance or VAT “stands” when questioned about how she will bridge a fiscal black hole in November.