Posted in News Labour set to hit middle class earners with £60BILLION tax bomb to plug Budget gaps, top economists predict… amid fears Rachel Reeves could send Britain into a fiscal ‘doom loop’ November 5, 2025 In trying to meet her Budget targets, the Chancellor may face a £20billion to £30billion black hole, according to analysis by the National Institute of Economic and Social Research (NIESR). https://www.dailymail.co.uk/news/article-15259339/Labour-hit-middle-class-earners-60BILLION-tax-Budget.html?ns_mchannel=rss&ns_campaign=1490&ito=1490