Go Unlimited with Magzter GOLD
Get unlimited access to 10,000+ magazines, newspapers and Premium stories for just
Reeves seeks Saudi deal amid alarm over taxes
Daily Express
|October 28, 2025
RACHEL Reeves hinted more tax hikes are coming in the autumn Budget as she headed to Saudi Arabia yesterday in a bid to drum up investment.
The Chancellor did not rule out the possibility of further tax rises as she spoke at Fortune Magazine's global forum in Riyadh.
She said: "The underpinning for economic growth is stability, and I'm not going to break the fiscal rules that we've set.
"We are going to reduce that primary deficit, we are going to see debt starting to fall as a share of GDP, because we need more sustainable public finances, especially in the uncertain world in which we live today.
"So growth will be a big part of that Budget story, in a way that, frankly, I think growth has been neglected as a tool of fiscal policy.
This story is from the October 28, 2025 edition of Daily Express.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Daily Express
Daily Express
'I tried to kick it, then I felt the chomp'
A DIVER has described the moment a shark took a “chomp” out of his leg as he tried to free it from nets.
1 mins
December 19, 2025
Daily Express
Labour rebels seek justice for all with jury trials
LABOUR rebels believe they can defeat David Lammy's plan to drastically scale back jury trials.
1 mins
December 19, 2025
Daily Express
Rory's Grand year ends in SPOTY glory
RORY MCILROY admitted 2025 has been the “year dreams are made of\" after adding the BBC Sports Personality of the Year title to his Green Jacket and Ryder Cup win.
1 min
December 19, 2025
Daily Express
‘She should be alive’
..Grandad of Bondi massacre’s youngest victim
2 mins
December 19, 2025
Daily Express
Yet another nightmare Down Under switches off fed-up fans
MOST ardent sports fans - those who like to attend live events - have bucket lists and a trip to Australia for the Ashes is towards the top of many.
2 mins
December 19, 2025
Daily Express
Wales wish you a merry Christmas
THE thrifty Prince and Princess of Wales recycled a spring photoshoot for their Christmas card this year.
1 mins
December 19, 2025
Daily Express
A Peaky performance
Lioness Karen is hoping to play a Blinder in the Strictly final, but she must find her cap first!
3 mins
December 19, 2025
Daily Express
BE STRONG TO 'FACE DOWN' RUSSIA
Kemi Badenoch says only her Tories have the 'competence' to deal with Putin's threats
2 mins
December 19, 2025
Daily Express
UK 'consumer recovery' in doubt after tough 12 months
PEOPLE feel poorer now than they did at the start of 2025, resulting in disappointing Christmas sales for shops and a glum outlook for next year.
1 mins
December 19, 2025
Daily Express
Hospitals are ‘nowhere near out of woods yet’
HOSPITALS are still struggling despite a slow down in flu admissions, say NHS chiefs.
2 mins
December 19, 2025
Listen
Translate
Change font size