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The Independent UK
The Independent UK
Business
David Hughes

Reeves confirms change to debt rule and warns of higher taxes as Budget looms

Rachel Reeves will deliver her first Budget on October 30 (PA) - (PA Wire)

Taxes and borrowing are both set to increase as Rachel Reeves signalled she would rewrite the way Government debt is measured in her first Budget.

The Chancellor said she faced difficult choices but insisted her Budget would “begin to fix the NHS and start to rebuild our economy”.

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