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debut budgetCNBC
•
84% Informative
U.K. Finance Minister Rachel Reeves will deliver the government's debut budget on Wednesday .
Labour has repeatedly ruled out increases to income tax, National Insurance social security payments, value-added tax (a sales levy) and corporation tax.
Changes to employer taxes, inheritance tax, capital gains tax, and a freeze on personal income tax thresholds remain on the table.
Consumer confidence fell in October to its lowest level since March , GfK shows.
Business confidence also slipped to an 11-month low this month , S&P Global flash figures indicated Thursday .
Government borrowing costs have risen sharply as memories of Liz Truss's "mini-budget" remain close to mind.
VR Score
88
Informative language
89
Neutral language
42
Article tone
formal
Language
English
Language complexity
56
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short-lived
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5
Source diversity
4
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