New U.K. Labour government's first budget sees rise in taxes, spending and borrowing
LONDON — British Treasury chief Rachel Reeves raised taxes Wednesday by around 40 billion pounds (US$52 billion) to plug a hole she claims to have identified in the public finances and fund the U.K.’s cash-starved public services, in a beefy budget that could set the political tone for years to come.
31 Oct 02:11 · National Post