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2025November › 05

Chancellor

8 months ago

Commenters were staunchly opposed to reports the Chancellor will go back on Labour 's manifesto promise not to increase taxes for 'working people' in her Budget on November 26.
Records going back more than 300 years lay bare the inexorable expansion of the state - and how the Chancellor could take the burden to a new peak.
The pre-Budget speech by Chancellor Rachel Reeves was a scary listen, not in terms of what was said but the whopping elephant in the room.
In trying to meet her Budget targets, the Chancellor may face a £20billion to £30billion black hole, according to analysis by the National Institute of Economic and Social Research (NIESR).

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