- Markets reacted badly to the increased borrowing in the Budget. She will likely be faced with a choice to either raise taxes in the middle of the Parliament (breaking her Budget promise) or to cut spending (angering Labour MPs).
- NEW: Blow for Rachel Reeves The UK will need to raise taxes further to get the public finances on a sustainable footing, the OECD says today Plunges into doubt her pledge of no more tax rises Via @philaldrick.bsky.social www.bloomberg.com/news/article...
