Rachel Reeves drops biggest hint yet on tax rises and spending cuts in Budget - The Mirror

Contributing sentiments towards policy:

61% : We have to get jobs in every part of the country, so not just jobs in London and the Southeast, but jobs in every region and nation of the UK, getting that economic growth, getting that infrastructure investment in every part of Britain.
58% : Chancellor Rachel Reeves said 'of course, we're looking at tax and spending' as she scrambles to plug a black hole in the public finances estimated to be at around £50billion Rachel Reeves has admitted she's looking at tax rises and spending cuts in her clearest hint yet about her Budget plans.
55% : "Of course, we're looking at tax and spending as well, but the numbers will always add up with me as Chancellor because we saw just three years ago, what happens when a government, where the Conservatives lost control of the public finances, inflation and interest rates went through the roof.
54% : She is reportedly looking at lowering the tax-free limit for cash ISAs to encourage people to invest more of their money in British stocks.
53% : "Already, people thought that the UK economy would be 4% smaller because of Brexit," she said.
51% : "Now, of course, we are undoing some of that damage by the deal that we did with the EU earlier this year on food and farming, goods moving between us and the continent, on energy and electricity trading, on an ambitious youth mobility scheme.
50% : The Chancellor said "of course, we're looking at tax and spending" as she scrambles to plug a black hole in the public finances estimated to be at around £50billion.
49% : "But there is no doubting that the impact of Brexit is severe and long lasting and that's why we are trying to do trade deals around the world, US, India, but most importantly with the EU so that our exporters here in Britain have a chance to sell things made here all around the world.
46% : "That's why we're putting all the effort into growing our economy because that in the end is what brings in the tax revenues to be able to afford to keep taxes low and to invest in our public services.
46% : " The National Institute of Economic and Social Research (Niesr) has suggested Ms Reeves will need to find around £50billion a year by 2029-39 to meet her goal of balancing day-to-day spending with tax revenues while maintaining "headroom" of around £10billion against that target.
44% : According to the Financial Times, Ms Reeves is looking to overhaul tax-free ISAs as part of her Budget plans.
42% : Asked if tax rises are on the way, Ms Reeves told Sky News this morning: "Well, I was really clear during the General Election campaign and we discussed this many times that I would always make sure that the numbers add up.
36% : " Ms Reeves, who will attend the annual meetings of the IMF in Washington DC today, was also asked whether she could promise the British public that the Government was not going to get "stuck in a doom loop" of having to raise taxes each year to fill a black hole in spending.
25% : She blamed the lingering impact of Brexit as well as conflicts around the world and Donald Trump's trade tariffs for the poor state of the economy.

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