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Chancellor warned 'substantial tax rises' needed - as she faces 'impossible trilemma'

Sky News Tuesday, 5 August 2025 ()
Chancellor warned 'substantial tax rises' needed - as she faces 'impossible trilemma'Rachel Reeves will need to find more than £40bn of tax rises or spending cuts in the autumn budget to meet her fiscal rules, a leading research institute has warned.
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Rachel Reeves Rachel Reeves British politician (born 1979)

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