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'Harsh global headwinds' see chancellor hint at tax rises

Yorkshire Evening Post

|

September 30, 2025

Rachel Reeves has said she is facing "harsh global headwinds" as she hinted at further tax rises to come in the Budget.

- by Harriet Sutton

'Harsh global headwinds' see chancellor hint at tax rises

Rachel Reeves at the Labour Party Conference in Liverpool. Photo: PA

(PA)

The Chancellor used her Labour Party conference speech to insist that she would keep control of the public finances and would "not take risks with the trust placed in us by the British people".

But she acknowledged that her choices had been made harder by international events and the "long-term damage" done to the economy.

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