As Rachel Reeves prepares her first Budget and warns of ‘painful decisions’ ahead, debate is growing over whether she should raise taxes to fix the public finances or find fairer, alternative ways to boost revenue. Now it’s time to have your say...

Chancellor breaks cover to set out Budget priorities in unusual move

Watch live as Rachel Reeves sets out her economic priorities in a pre-Budget speech on Tuesday (4 November).

Rolling coverage of the latest economic and financial news

As Rachel Reeves prepares her first Budget and warns of ‘painful decisions’ ahead, debate is growing over whether she should raise taxes to fix the public finances or find fairer,…

There are many options on the table as the chancellor looks to raise considerable sums

Chancellor warns ‘we will all have to contribute’ to fixing Britain’s public finances

Our community agreed that, while no one likes paying higher taxes, honesty, fairness, and careful planning are crucial if Rachel Reeves is to navigate the UK’s financial…

Chancellor reportedly looking to hike income tax but cut National Insurance in bid to place burden of tax rises on landlords and pensioners