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The Independent UK
The Independent UK
Archie Mitchell

Reeves admits she’s looking at tax rises and spending cuts in Budget

Rachel Reeves Ms Reeves Brexit Budget European Union International Monetary Fund Sir Keir Starmer United Kingdom Economy G7

Rachel Reeves has admitted she is looking at tax rises and spending cuts to fill a massive financial black hole in her Budget.

Asked about the state of the UK economy as she prepares to deliver her statement in November, the Chancellor said “of course, we’re looking at tax and spending”.

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