A quick analysis by the Chair from the UK Office for Budget Responsibility, Richard Hughes, on the Budget announced to Parliament on Wednesday by Chancellor of the Exchequer, Rachel Reeves MP.
UK Labour chancellor Rachel Reeves anticipated that the government of PM Keir Starmer will have to raise some taxes in October's Budget, following the claim on Monday that the previous Tory government left a £22bn hole in the public finances.
United Kingdom Chancellor of the Exchequer Rachel Reeves is expected in Rio de Janeiro, Brazil, to attend the G20 Finance Ministers and Central Bank Governors Meeting on her first international visit since taking office.