A make-or-break budget: inside the Treasury before Labour’s crucial day | Budget 2025
The upcoming budget, presented by Chancellor Rachel Reeves, has been characterized by internal chaos and external scrutiny, drawing comparisons to previous high-stakes moments in UK budget history. Instances such as Gordon Brown’s 2007 abolition of the 10p tax rate and Kwasi Kwarteng’s 2022 mini-budget, which led to adverse political fallout, highlight that budgets can significantly […]
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