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Reeves Faces Backlash Over Tax Hikes Amid Deficit

11/27/2025

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Story summary
  • Chancellor of the Exchequer Rachel Reeves told Britain she would make fair choices to address the cost of living and would invest across sectors.
  • Reeves faced criticism for expected tax increases to cover a £30 billion deficit.
  • Angela Rayner was absent from the statement, supporting remotely.
  • Critics including Conservative shadow chancellor Sir Mel Stride and Liberal Democrat deputy leader Daisy Cooper accused Reeves of misleading the public about tax promises.