Politics10/15/2025β€’BBC

Reeves says she is looking at tax rises ahead of Budget

Reeves says she is looking at tax rises ahead of Budget

Here is a 180-word summary of the news article: The UK's Chancellor, Rishi Reeves, has indicated that tax increases may be on the horizon ahead of the upcoming Budget. Reeves stated that she is evaluating additional measures regarding public spending, with the goal of placing the country's finances on a more stable foundation. The chancellor's comments suggest that the government is seeking to address the UK's fiscal challenges, potentially through a combination of tax hikes and spending adjustments. This comes as the country grapples with the economic fallout of the COVID-19 pandemic and other factors. Reeves did not provide specific details on the proposed tax rises or spending measures, but her remarks suggest that the government is preparing to take steps to improve the UK's financial position. The upcoming Budget will likely outline the government's plans and provide more clarity on the direction of the country's economic policies. Overall, the chancellor's statements indicate that the government is prioritizing fiscal responsibility and stability, though the specific actions it will take remain to be seen.

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