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Evening Standard
Evening Standard
Politics
Michael Howie and Jacob Phillips

Rachel Reeves refuses to rule out Autumn Budget tax rises as economy shrinks 0.3% in April

Rachel Reeves was unable to rule out further tax rises in the Autumn budget as it was announced that the UK economy shrank by 0.3% in April.

The latest GDP figures revealed by the Office for National Statistics are worse than the 0.1% fall expected by economists, adding to growing scrutiny of the Chancellor just hours after her spending review.

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