Rachel Reeves has delivered the first Labour Budge t in 14 years - with changes to pensions , inheritance, benefits and taxes all confirmed. The Chancellor used her speech to announce £40billion in tax rises, with businesses bearing the brunt of higher costs after a hike in National Insurance contributions paid by employers was confirmed. Ms Reeves plans to pour more public cash into schools, hospitals , transport and housing – although experts have warned that higher costs on businesses may