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World

Will Rachel Reeves hike taxes even higher?

1 November 2024

12:02 AM

1 November 2024

12:02 AM

Rachel Reeves has spent the morning out on the media round trying to sell her first Budget to the public. The Chancellor woke to a critical reception from the media – with headlines including ‘Halloween Horror Show’, ‘Nightmare on Downing Street’ and ‘Return of tax and spend’. Meanwhile, she is facing a backlash from the farming community, citing betrayal over the news that inheritance tax relief for farms will be limited to £1 million.

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