Chancellor Reeves' Budget Uncertainties
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public spendingSky News
•Rachel Reeves signals first budget will be painful mix of spending cuts, tax rises and higher borrowing
76% Informative
Rachel Reeves refuses to rule out increasing business and wealth taxes as she seeks to address dire economic inheritance from the last government.
She says the economy is in a "mess that the previous government created with the public finances and the state that they are in, that was inevitable," she said.
The chancellor also defended her decision to remove winter fuel payments from 10 million pensioners.
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