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Chancellor hikes taxes by £26bn in long-awaited Budget

By Abigail Townsend

Date: Wednesday 26 Nov 2025

(Sharecast News) - Rachel Reeves upped taxes and scrapped the two-child welfare cap on Wednesday, as she unveiled her long-awaited and much-leaked Budget to Parliament - less than an hour after it was accidentally published by the government's fiscal watchdog.
The chancellor unveiled a package of tax-raising measures, many of which...

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