Reported about 1 month ago
Rachel Reeves, the first female Chancellor of the Exchequer, is set to unveil a transformative budget on October 30, which includes £40 billion in tax hikes and spending cuts as part of Labour's strategy to reset public finances and foster long-term economic growth. Despite facing significant political and market risks, Reeves aims to balance the necessity of increased taxes with the promise of future investments, as she navigates challenging public perception and financial markets in a bid for sustainable economic improvement.
Source: YAHOO