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Pressure Mounts on Chancellor Ahead of Crucial Budget

11/24/2025

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Summary

Story summary

Chancellor of the Exchequer Rachel Reeves faces pressure ahead of the Budget as Rain Newton-Smith, CBI director, warns against tax increases.
Former Bank of England chief economist Andy Haldane and other experts warn that speculation damages economic stability.
The TUC demands that the Budget prioritize living standards, energy costs, and welfare reforms.

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Story summary

Chancellor of the Exchequer Rachel Reeves faces pressure ahead of the Budget as Rain Newton-Smith, CBI director, warns against tax increases.
Former Bank of England chief economist Andy Haldane and other experts warn that speculation damages economic stability.
The TUC demands that the Budget prioritize living standards, energy costs, and welfare reforms.