Chancellor Rachel Reeves will speak on Wednesday to give the Spring Statement - with a mix of problematic themes and possibilities to cover as the UK attempts to promote economic growth but also battles with soaring borrowing.
Pledging no more tax raises only leaves a few options for Ms Reeves. Those are primarily around reallocating funds or cutting even more spending - and it’s the latter which appears to be most likely to happen following big tax hikes as recently as October.
