Rachel Reeves drops biggest hint yet on tax rises and spending cuts in Budget

Mihaela Chircă

Rachel Reeves has admitted she's looking at tax rises and spending cuts in her clearest hint yet about her Budget plans. The Chancellor said "of course, we're looking at tax and spending" as she scrambles to plug a black hole in the public finances estimated to be at around £50billion. Speaking ahead of her November 26 statement, she said "challenges are being thrown our way" and confirmed the budget watchdog had "consistently overestimated" the UK's productivity. She blamed the lingering

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