Rachel Reeves eyes up tax hikes and spending cuts as she scrambles to plug fresh £20billion black hole

Rachel Reeves eyes up tax hikes and spending cuts as she scrambles to plug fresh £20billion black hole

TAX hikes and spending cuts are on the table as Rachel Reeves scrambles to plug a fresh £20billion black hole. The Chancellor has been given a bigger headache for next month’s Budget after forecasters reduced her economic wriggle room. Analysis by the Office for Budget Responsibility is set to downgrade Britain’s productivity by around £20billion,… Published: [#item_custom_pubDate]

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