Reeves prepares for fiscal squeeze amid fears of OBR productivity downgrade

Contributing sentiments towards policy:

60% : Reeves has repeatedly reinforced her "iron clad" fiscal rules to finance day-to-day public expenditure through tax receipts.
57% : Tax increases are imminent.
56% : The Chancellor has started to send clearer indications in recent weeks that tax rises will feature in the Budget.
52% : Speaking to an audience comprising some of the world's wealthiest businesspeople, Reeves stated: "We are looking, of course, at tax and spending to ensure that we both have resilience against future shocks by ensuring we've got sufficient headroom, and also just ensuring that those fiscal rules are adhered to." Reports also indicate that Reeves is poised to announce a four per cent increase in the National Living Wage in November - a development that could have severe repercussions for UK businesses.
47% : The Treasury is already struggling to manage public finances following a U-turn on welfare reforms that destroyed hopes of £5bn in savings, whilst a £190bn spending spree on government departments has helped erode the Chancellor's razor-thin £9.9bn fiscal headroom.
46% : However, the commitment to these fiscal constraints has sparked speculation that the UK will face another fresh wave of taxes come November 26th (Budget) when she takes the dispatch box.

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