Reeves’ spending spree could open £20bn gap – which taxes will rise?
Thursday, 12 June 2025 () Rachel Reeves splashed the taxpayer cash in her inaugural Spending Review, raising expectations the Chancellor may be coming back for more tax revenue in the Autumn if her growth ambitions are not met. Reeves is set to hand out an extra £190bn in government spending over the course of the parliament, in what she described [...]
Shadow Chief Secretary to the Treasury Richard Fuller urged Rachel Reeves to keep to her fiscal rules as she unveils her spending review. He said that whilst it is nice to announce spending, “money doesn’t grow on trees” and tax rises must be avoided. While backing key infrastructure projects,...
Shadow chancellor Sir Mel Stride called Rachel Reeves’ plans a “spend-now, tax-later review”, warning she’ll return in autumn with “yet more taxes”. He said the review is “not worth the..
Thursday, 12 June 2025 ()
Rachel Reeves splashed the taxpayer cash in her inaugural Spending Review, raising expectations the Chancellor may be coming back for more tax revenue in the Autumn if her growth ambitions are not met. Reeves is set to hand out an extra £190bn in government spending over the course of the parliament, in what she described [...]
![Stride: Reeves will return with ‘yet more taxes' [Video]](https://video.newsserve.net/300/v/20250611/1413611508-Stride-Reeves-will-return-with-yet-more-taxes.jpg)
