UK's Reeves heading for 'impossible' choices in this year's budget, think tank says

Chancellor warned to raise taxes to plug £41bn black hole

Chancellor Rachel Reeves has been warned she'll need to raise taxes in order to plug a fresh £41 billion black hole in the public finances.

Budget 2025: possible Autumn Budget UK tax rises explained, what they might mean for you - when is next Budget

With a big funding gap to fix, Chancellor Rachel Reeves faces tough choices 💷

Keir Starmer kicks back at dire tax rise warning as experts find '£41billion black hole' - The Mirror

Keir Starmer says he 'does not recognise' figures from think-tank the National Institute of Economic and Social Research (NIESR), which suggested Rachel Reeves needs to raise billions in extra taxes in the Budget

Rachel Reeves 'to hit taxpayers' as £51bn black hole found in public finances

CHANCELLOR Rachel Reeves is set to impose yet more misery on taxpayers, according to a new report which found that there is a £51 billion black…

Reeves Faces £50 Billion Black Hole as Tax Pressure Mounts – The Daily Sceptic

Rachel Reeves must raise taxes immediately to plug a fresh £50bn hole in the public finances, according to the National Institute of Economic and Social Research, one of Britain’s most respected economics organisations.

Has Rachel Reeves created a £50 billion fiscal black hole?

The Chancellor’s black hole is getting bigger and tax rises are coming. That’s the judgement of the National Institute of Economic and Social Research (NIESR) whose model of the UK economy has forecast she must find £50 billion of revenue or cuts if she’s to return to the £9.9 billion of fiscal headroom she left