The Latest Breaking News on Three weeks till budget day – and now Rachel Reeves is ‘being honest’ about tax

Experts said the Chancellor should prioritise bringing down Government borrowing costs.

The UK chancellor, Rachel Reeves, has made it clear that taxes will go up, and more cuts to welfare spending are on the horizon. The moves will be deeply unpopular and controversial – but in an extraordinary press conference ahead of the UK budget on November 26, Reeves made it…

The chancellor refused to rule out tax hikes and said the upcoming Budget will focus on lowering inflation

Chancellor warns ‘we will all have to contribute’ to fixing Britain’s public finances

The Chancellor suggested ‘we will all have to contribute’ to building a new future for Britain.

Chancellor rolls ground for tax rises in unusual pre-Budget speech at Downing Street

Chancellor to promise ‘fairness and opportunity’ but will not repeat manifesto pledge on tax, after PM’s hint at breach

Chancellor’s address to come after weeks of expectation management as she scrambles to fill £50bn black hole

No 10 repeatedly refused to say whether Labour’s manifesto pledge not to raise income tax still stands.