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She didn’t want to raise taxes on ‘working people’ but stubborn inflation and a sputtering economy leave the chancellor little choice in October’s Budget, says Chris Blackhurst
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ot for the first time, nor the last, the cry goes up: who would be Rachel Reeves? Most inside the Westminster bubble are able to enjoy a summer break. But the chancellor and her Treasury colleagues face weeks of agonising as to what lies ahead. Come autumn, she must attend the Labour conference, make her set-piece speech and do rounds of interviews. There is the IMF gathering at which the world’s other financiers opine and mark her homework to date. Then there is the Budget.
