💨 Abstract
Chancellor Rachel Reeves is set to deliver the Autumn Budget, addressing key decisions on taxes and public service spending. Despite previous promises not to raise income tax, National Insurance, or VAT on working people, Reeves has hinted at potential tax increases to balance the books. The Budget will include measures to tackle the cost of living, address economic challenges, and potentially introduce new taxes on property and pensions.
Courtesy: Craig Munro and Isabel Fraser
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