By DAVID WILCOCK, DEPUTY POLITICAL EDITOR Published: 11:39 BST, 16 June 2025 | Updated: 11:55 BST, 16 June 2025
Britons are bracing themselves for tax rises later this year as they fear Rachel Reeves' Spending Review cash splash is otherwise unaffordable, anew poll suggests.Two thirds of voters (67 per cent) believe that the Chancellor's plans set out last week mean she will either hit them in the pocket or increase borrowing.And the YouGov poll shows that fewer than one-in-eight (12 per cent) believe that the plans, which will see billions more thrown at the NHS and nuclear power, are affordable with things as they are. The Treasury is already said to be drawing up tax rise options for the Autumn as economists warn Ms Reeves' plans no longer add up.Dividends and bank profits are among the areas being mooted for drumming up revenue to balance the books.The Chancellor declined to rule out tax rises again yesterday, amid fears that the Israel-Iran conflict could deal another hammer blow to the prospects for growth.The poll found that almost half of voters (49 per cent) believe Ms Reeves is doing a bad job.However her rating has improved from -41 to -33 compared to after the Spring Statement in March.
