Posted in News Rachel Reeves ‘could need £40BILLION of tax hikes and spending cuts’ in Budget bombshell after Labour pay splurge – with national insurance, inheritance tax and capital gains in crosshairs October 16, 2024 Chancellor Rachel Reeves is said to be looking for the enormous sum to balance the books and bolster services after Labour’s splurge on public sector pay. https://www.dailymail.co.uk/news/article-13965115/Rachel-Reeves-tax-hikes-spending-cuts-Budget-bombshell-Labour-pay-inheritance.html?ns_mchannel=rss&ns_campaign=1490&ito=1490