UK Chancellor Rachel Reeves Announces £26 Billion in Tax Rises As Slowing Growth Forecasts Bites
UK Chancellor of the Exchequer Rachel Reeves has unveiled a sweeping package of £26 billion in tax increases as part of her Autumn Budget 2025, marking one of the most significant fiscal adjustments in decades. The measures come as the Office for Budget Responsibility (OBR) downgraded economic growth forecasts, warning of slower expansion, higher inflation, […]
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