Market turmoil forces Chancellor to plot spending cuts or even MORE tax hikes: Red alert for Rachel Reeves as borrowing costs surge higher than during Truss crisis

Daily Mail // World

Market turmoil forces Chancellor to plot spending cuts or even MORE tax hikes: Red alert for Rachel Reeves as borrowing costs surge higher than during Truss crisis

Wednesday 8th January 2025, 11:53PM

Rachel Reeves is drawing up contingency plans for emergency spending cuts or tax rises, as government borrowing costs soar.

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