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Evening Standard
Evening Standard
Politics
Nicholas Cecil

Tax rise warning for millions as Rachel Reeves refuses to rule out Autumn Budget raid after Spring Statement

Rachel Reeves may be forced to raise taxes in a “blockbuster” autumn Budget, leading economists are warning.

The Institute for Fiscal Studies stressed that the Chancellor’s vow to stick to her fiscal rules while leaving herself “next to no headroom” meant that her economic plans would be “at the mercy of events”.

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