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Rachel Reeves to raise ‘stealth and sin’ taxes to cover black hole

City A.M. Friday, 15 August 2025 ()
Rachel Reeves to raise ‘stealth and sin’ taxes to cover black holeRachel Reeves is set to hit British consumers with extra “sin taxes”, leading forecasters have predicted, which are widely seen as regressive taxes that could hit people on lower income.  The Chancellor faces having to raise £20bn in taxes at this year’s Autumn Budget to restore her “already paltry” margin of £9.9bn in headroom, according [...]
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