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    ‘Tough choices’ ahead, warns Rachel Reeves as Brits face hefty tax hikes in grim Budget to plug £30bn blackhole

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        Keir Starmer blames Brexit for Channel migrant crisis and labels small boats ‘Farage Boats’ in fresh attack

        Keir Starmer blames Brexit for Channel migrant crisis and labels small boats ‘Farage Boats’ in fresh attack

        Millions brace for bruising tax HIKES at Budget as Rachel Reeves gives strongest hint yet

        Millions brace for bruising tax HIKES at Budget as Rachel Reeves gives strongest hint yet

        ‘Tough choices’ ahead, warns Rachel Reeves as Brits face hefty tax hikes in grim Budget to plug £30bn blackhole

        ‘Tough choices’ ahead, warns Rachel Reeves as Brits face hefty tax hikes in grim Budget to plug £30bn blackhole

        Trump blasts UN for ‘triple sabotage’ & ‘sinister events’ after he was awkwardly forced to walk up broken escalator

        Trump blasts UN for ‘triple sabotage’ & ‘sinister events’ after he was awkwardly forced to walk up broken escalator

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          ‘One subs package to rule them all’ helps Delfi Meedia reach one in five Estonians

          ‘One subs package to rule them all’ helps Delfi Meedia reach one in five Estonians

          Mirror to lose five ‘general news reporters’ in Reach shake-up

          Mirror to lose five ‘general news reporters’ in Reach shake-up

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            Russia’s bizarre ‘Noah’s Ark’ satellite that took 1,500 animals into SPACE crash lands back on Earth… with mixed results

            Russia’s bizarre ‘Noah’s Ark’ satellite that took 1,500 animals into SPACE crash lands back on Earth… with mixed results

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            Nasa reveals plan for entire VILLAGE on Moon that’s ‘not just an outpost’ as exact timeline for lunar colony revealed

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            Secret TREASURE buried on Moon is ‘precious’ prize that scientists say could be ‘profitable’ for whoever digs it up

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            Secret behind the REAL Hobbits solved as scientists crack puzzle over 3ft ‘human cousins’ that lived 700,000 years ago

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            Almost everyone is said to benefit from a scientifically supported method for improving sleep.

            2,500-year-old rock engravings were found near Mosul, Iraq.

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            Ernest Akushey dead aged 27: Boxer dies just days after losing fight as tributes pour in for Ghanaian fighter

            Ernest Akushey dead aged 27: Boxer dies just days after losing fight as tributes pour in for Ghanaian fighter

            Glamorous golfer Charley Hull reveals special request from Donald Trump after meeting President at Windsor

            Glamorous golfer Charley Hull reveals special request from Donald Trump after meeting President at Windsor

            Paul Craig retires as the UFC’s flying Scotsman and UK MMA legend who had a career upcoming fighters could only dream of

            Paul Craig retires as the UFC’s flying Scotsman and UK MMA legend who had a career upcoming fighters could only dream of

            Who is Terence Crawford’s girlfriend and how many children do the couple have?

            Who is Terence Crawford’s girlfriend and how many children do the couple have?

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            Irish Open 2025 betting tips, free bets and latest golf odds

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            How to Choose the Ideal Baby Gift Set for Boys & Girls – A BabyWondersUK Guide

            How to Choose the Ideal Baby Gift Set for Boys & Girls – A BabyWondersUK Guide

            A Site for Situated Practices: Mezzanine

            Exhibition: Substance & Recoding: The Narrative of Contemporary Objects in the Semantic Turn

            Discover Amsterdam’s beauty from the water

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            An adventure on the canals of Amsterdam

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          ‘Tough choices’ ahead, warns Rachel Reeves as Brits face hefty tax hikes in grim Budget to plug £30bn blackhole

          by Anderson
          September 27, 2025
          in Politics
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          RACHEL Reeves hinted that she will have to hike taxes in the Budget as she admitted “tough choices lie ahead”.

          The Chancellor is trying to pug a massive £30billion blackhole in the nation’s finances as the economy continues to struggle.

          Britain's Chancellor of the Exchequer Rachel Reeves speaking at the Global Progress Action Summit.
          EPA

          Chancellor of the Exchequer Rachel Reeves hinted that Brits may have hefty tax hikes on the way[/caption]

          In an interview ahead of the Labour Party conference, she ruled out breaking her manifesto tax lock commitment – ruling out raising income tax, National Insurance Contributions from workers and VAT.

          And Ms Reeves ruled out going on a borrowing binge – insisting her fiscal rules are ironclad.

          Her word means taxes will almost certainly be raised in the Budget on November 26.

          Speaking to the Times, Ms Reeves was asked if the Budget will be “tough”.

          She replied: “No one is saying anything else.

          “I think anyone who opens a newspaper, watches the telly in the evening, goes on special media, can see that the world is in a very uncertain place.”

          Britain’s economy is struggling – clobbered by creeping inflation, stinging tariffs and last year’s tax hikes on business.

          Lefties in Labour have urged Ms Reeves to tear up her fiscal rules and go on a borrowing binge instead.

          Andy Burnham – Labour Mayor of Manchester and so-called King of the North – has become the poster boy for these calls.

          Mr Burnham – a possible leadership challenger to Keir Starmer – has made a series of interventions attacking the Chancellor’s policies.

          Earlier this week, he said the Treasury needs to stop being so “in hock” to the bond markets.

          Hitting back at Mr Burnham, the Chancellor compared his proposals with Liz Truss’ disastrous mini Budget.

          She said: “We don’t have the luxury of ignoring the bond markets. It’s not like ancient history.

          “It was three years ago that Kwasi Kwarteng delivered his mini Budget.

          “The government then took a huge gamble on the British economy.

          “And as a result, interest rates went through the roof, mortgage rates went through the roof, pensions were put in peril.”

          It comes as Reeves urged the PM to sign up to an “ambitious” deal to let young people from the EU live and work in Britain.

          The Chancellor hopes a youth mobility scheme will bring in some economic growth.

          But her words are likely to spark a fresh row over immigration and the unpicking of Brexit.

          Earlier this week, new stats revealed a staggering 750,000 migrants moved to the UK in the year ending June 2024.

          This is the equivalent of a city around the size of Leeds being added to the population.

          Ms Reeves said she wants the the Office for Budget Responsibility (OBR), the official forecaster, to “score” the EU reset when it rates the economy this autumn.

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