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UK Budget 2025: Raft of tax hikes expected today - as more policies confirmed
A raft of tax rises is expected in the budget this lunchtime - with the chancellor acknowledging that voters are "angry at the unfairness in our economy". In a newly released video, Rachel Reeves said the public is "frustrated at the pace of change" - but vowed to "take the fair and necessary choices" to tackle the cost of living crisis.And in a dig at the Conservatives - especially former prime minister Liz Truss - she pledged not to impose austerity, lose control of public spending, or engage in more reckless borrowing. Taxation will be a dominant part of the budget as Ms Reeves tries to plug an estimated £30bn ... (full story)