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Rachel Reeves vows to 'grip the cost of living' - despite expectation of tax rises in budget

Rachel Reeves plans the first rail fare freeze in 30 years, extending income tax threshold freezes to raise £8.3 billion annually by 2029-30, aiming to ease cost-of-living pressures.

  • Chancellor Rachel Reeves has pledged to 'grip the cost of living crisis' despite expected tax rises in the upcoming budget.
  • The UK government will freeze rail fares for the first time in thirty years to help ease household financial pressures.
  • Reeves stated that soaring prices 'hit ordinary families most' and emphasized the need to control inflation for economic recovery.
  • The budget is set to address inflation, with anticipated tax increases to stabilize public finances.
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  • 58% of the sources lean Left
58% Left

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Daily Mirror broke the news in London, United Kingdom on Saturday, November 22, 2025.
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