Rachel Reeves tells Sam to prepare for tax rises

The chancellor tells Sam Coates – on the record – that she is considering tax rises and spending cuts ahead of a critical autumn budget. In an exclusive interview – her first since being briefed by the Office for Budget Responsibility (OBR) on the size of the black hole – Rachel Reeves discusses whether there […]

News Oct 15, 2025 0 29 Add to Reading List

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WHY THE HEN DOES NOT HAVE TEETH STORY BOOK

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The chancellor tells Sam Coates – on the record – that she is considering tax rises and spending cuts ahead of a critical autumn budget.

In an exclusive interview – her first since being briefed by the Office for Budget Responsibility (OBR) on the size of the black hole – Rachel Reeves discusses whether there is a way out or if she’s stuck in a “doom loop”.

As she meets with economic leaders at the International Monetary Fund (IMF) in Washington – the duo consider the political ramifications and options on the table for her to plug the £20bn to £30bn gap in the public finances.

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