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Wednesday, November 5, 2025

Tag: Rachel Reeves budget

UK Economic Growth to Slow as Tax Hikes and Trade Wars Bite

EY forecasts UK growth will drop to 0.9% in 2026 amid Budget tax increases, trade tensions and high interest rates, with business confidence at record lows.

Reeves Faces Tax Hike Decisions as Public Finances Remain Challenging

Chancellor Rachel Reeves confronts difficult Budget choices with potential mansion tax and spending cuts to address £20-50 billion fiscal shortfall.