"Nothing Is Going Well" | New Taxes On The Rich Will Be In Budget, Says Reeves

Chancellor Rachel Reeves should use her Budget to raise major taxes and overhaul the system instead of “picking from a Scrabble bag of lots of little individual tax rises”, experts have suggested.

The Government is under pressure to balance the books ahead of November’s autumn statement amid warnings of a black hole estimated to be as much as £50 billion in the public finances.

After raising taxes by £40 billion last year, the Chancellor is widely expected to be preparing further hikes as she battles to stick to her election promises and self-imposed debt targets.

Speaking to The Spectator's Michael Simmons, Talk's Julia Hartley-Brewer: “We don't have any money left!"

#rachelreeves #tax #juliahartleybrewer #talk

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