Reeves' U-turn on income tax hike

UK Chancellor Rachel Reeves shifts budget plans, avoiding income tax hike amid economic projections and political pressure. Despite initial intentions to tackle debt, Reeves opts for traditional tax adjustments, addressing key priorities like NHS waiting lists and cost of living, but critics argue this leaves the economy in a state of tinkering.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.