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2025November › 06

Chancellor

8 months ago

Amid the fevered speculation over the nightmare Rachel Reeves has in store for us all in her Budget later this month, you can bet your shirt on one tax rise that is all but a certainty.
It's safe to say that uncertainty over what the Chancellor may or may not do next has convinced households to bunker away cash.
Sainsbury's is 'doing everything' to win a supermarket price war, the group's chief executive has said, as he cautioned the Chancellor against further tax rises.
Chancellor Rachel Reeves could unveil a 3p per mile levy on EVs, on top of other road taxes, as she desperately tries to fill a huge black hole in the public finances .
Rachel Reeves is expected to announce that EVs will be charged 3p per mile on top of other road taxes, as Treasury sources disclosed to the Mail yesterday.
The Chancellor hinted this week that she is considering a manifesto-busting rise in income tax as she grapples with a black hole in the public finances estimated at up to £30 billion.

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