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Raise taxes 'substantially', Reeves told - as she faces 'impossible trilemma'

Sky News Tuesday, 5 August 2025 ()
Raise taxes 'substantially', Reeves told - 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)

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..
Sky News
Chancellor backs 'important' Heathrow expansion [Video]

Chancellor backs 'important' Heathrow expansion

Chancellor Rachel Reeves has backed Heathrow's latest plans for a third runway, saying it's "so important" for Britain to "trade with countries around the world". Report by Brooksl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Credit: ODN    Duration: 00:07Published

Rachel Reeves dodges wealth tax calls from predecessor

Chancellor Rachel Reeves has dodged calls from her predecessor Anneliese Dodds for a wealth tax to be considered ahead of this autumn's budget.
Sky News

Former Labour minister says she 'hopes' Rachel Reeves is considering wealth tax

A former Labour minister has said she wants Rachel Reeves to consider the "evidence" behind introducing a wealth tax in the UK.
Sky News

Ex Labour minister says she 'hopes' Rachel Reeves is considering wealth tax

A former Labour minister has said she wants Rachel Reeves to consider the "evidence" behind introducing a wealth tax in the UK.
Sky News

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Tories warn Reeves not to raise taxes in spending review [Video]

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Tax rise fears as Rachel Reeves needs to find £50 billion, expert warns

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UK households have also been saving far more money than under the previous Tory Government.
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