Reeves ‘lost gamble’ and is likely to raise taxes, IFS claims

Chancellor Rachel Reeves is “likely” to raise taxes at this year’s Autumn Budget, Institute for Fiscal Studies (IFS) director Paul Johnson has warned, as he claimed an extension to income tax thresholds would make for the “easiest political win”.  Reeves’ announced her £40bn tax raid at the last Autumn Budget in October. The bulk of [...]