Rachel Reeves must increase taxes to meet her rules, says thinktank

Taxes must rise in the autumn if Chancellor Rachel Reeves is to meet her self-imposed borrowing rules, according to an economic thinktank.The National Institute of Economic and Social Research (Niesr) said the government was on track to miss the target it has set itself by £41.2bn.It recommended "a moderate but sustained increase in taxes" including reform of the council tax system to make up the shortfall.The…