Thursday, November 27, 2025

UK GOVT DEFENDS TAX HIKES

UK finance minister Rachel Reeves is defending a tax-hiking Budget - promising it'll eventually put more money in people's pockets.

It included a freeze on income tax thresholds - meaning 1.7 million people will find themselves paying more tax.

The UK's tax burden is set to be at its highest level in history by 2030/31, as the government attempts to balance public finances.

Opposition parties say Rachel Reeves is strangling growth and causing a 'doom loop' for the economy.

She says the decisions are difficult but fair and necessary.

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http://www.fsnradionews.com/feeds/1127budget-reeves1.mp3