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Story summary
- Rachel Reeves faces a critical decision on sustainable public finances in the UK on November 26.
- She faces criticism for shifting blame and proposing tax hikes amid a fiscal crisis, with debt at 100% of GDP.
- The lifetime tax burden for families has nearly doubled since the late 1970s, to £1.28 million.
- In 2025-26, debt interest is expected to exceed £110 billion, diverting funds from essential services.
