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'Of course, we're looking at tax and spending...
Daily Record
|October 16, 2025
Chancellor's hint ahead of Budget
RACHEL Reeves has admitted she is looking at tax rises and spending cuts, in her clearest hint yet about her plans for next month's Budget.
Referencing the lingering impact of Brexit, wars and US President Donald Trump’ trade tariffs, Reeves said yesterday: “Challenges are being thrown our way, whether that is the geopolitical uncertainties, the conflicts around the world, the increased tariffs and barriers to trade.
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