Income tax rise only way to plug extra £20bn in Budget black hole, economists warn Reeves
28 October 2025 at 21:47
Economists say trying to balance the books by raising smaller taxes risks ‘unnecessary amounts of economic damage’

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Economists say trying to balance the books by raising smaller taxes risks ‘unnecessary amounts of economic damage’

© AFP/Getty
Exclusive: The chancellor is being pushed to break Labour’s manifesto pledge on not raising income tax

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