More pressure to raise taxes or cut spending - despite record budget surplus

Friday, 21 February 2025

More pressure to raise taxes or cut spending - despite record budget surplus

Chancellor Rachel Reeves is coming under increased pressure to raise taxes or cut public spending as official figures show government borrowing was more expensive than expected, and tax revenue fell below expectations.

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Rachel Reeves British politician (born 1979)

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 on January 1, 1970

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