Channel 4 News
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Government warned about budget tax hikes
Posted
November 24, 2025
Views
5,343
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November 24, 2025
5,343
45
16
1.14%
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0:49Now PlayingThe head of the Confederation of British Industry has warned Chancellor Rachel Reeves not to inflict what she said would be “death by a thousand taxes” on British business in Wednesday’s budget.
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Rain Newton-Smith said the government must “change course” and avoid heaping more costs on firms.
The Chancellor is expected to hike taxes to fill a black hole in the public finances.
Speaking to the CBI, the Business Secretary said the government knows it is responsible for growing the economy.
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