Published by Michele Maatouk on 13th October 2025
(Sharecast News) - Rachel Reeves must avoid "a half-baked dash for revenue" or risk damaging economic growth as the chancellor seeks to close a large gap in next month's budget, the Institute for Fiscal Studies has said. The tax and spending thinktank has warned there was a danger the chancellor would create "unnecessary economic damage" if she chooses to stitch together unrelated tax-raising measures to cut the shortfall in government revenues and keep within her fiscal rules. - Guardian