UK Budget: which taxes will be raised and what changes millions will face.
24.11.2025
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Journalist
Shostal Oleksandr
24.11.2025
896
Latest news on Rachel Reeves' budget
According to The Sun: Only one day remains until the announcement of Rachel Reeves' budget, around which there is much discussion. Initially, a tax hike of 2 pence was planned, but this issue has been shelved due to concerns that voters will react negatively if the party breaks promises stated in its manifesto.
As a result, an increase in National Insurance, income tax, and VAT for 'working people' is unlikely to appear in the finance minister's budget.
This budget will undoubtedly affect the economic situation in the country and the relationship between the government and voters. Society eagerly awaits details that could change the government's financial policy and its promises to citizens.
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