With a smaller black hole to fill - can the chancellor see off any uncertainty?
November 14, 2025
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3:21Now PlayingWith a smaller black hole to fill - can the chancellor see off any uncertainty?
YouTube Description
as posted by the channelFor weeks Rachel Reeves set out the idea of an increase in income tax.
But now, "treasury sources are saying a rise in the headline rate of income tax will not be in the budget - thresholds will be looked at instead along with hikes to smaller taxes."
A big driver of this decision is politics - "the fear of being the first government to put up income tax in 50 years and the fear of blowing up a central part of last year's manifesto".
Sky's Rob Powell has the latest.
#skynews #uknews #politics #labourparty #government
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