Published by Michele Maatouk on 28th November 2025
(Sharecast News) - Rachel Reeves has been warned that her plans for tax rises and spending restraint in the run-up to the next general election resemble a work of "fiscal fiction", as MPs expressed concern about the impact of her budget on their constituents. A day after the chancellor's statement, the Institute for Fiscal Studies (IFS) said Reeves had chosen a high-risk strategy by backloading the squeeze to just before voters go to the polls in 2029. - Guardian