Tax rises and spending cuts in the cards, UK finance minister hints
CHISWICK, ENGLAND – OCTOBER 09: Britain’s Chancellor of the Exchequer, Rachel Reeves visits the Sipsmith Distillery on October 09, 2025 in Chiswick, United Kingdom. The Chancellor’s visit is intended to highlight how the UK-India free trade agreement is boosting British business, and comes as Prime Minister Keir Starmer is in India promoting the new pact,…