Rachel Reeves eyes £40bn in tax rises and spending cuts in Budget
Source: BBC
Chancellor Rachel Reeves is looking to make tax rises and spending cuts to the value of £40bn in this month’s Budget, government sources have told the BBC.At a political cabinet meeting this morning, Reeves told ministers that filling the "£22bn black hole inheritance from the previous government" would only be enough "to keep public services standing still".Reeves is now drawing up plans to find £40bn in order…
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