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Tory leader issues warning to Reeves amid potential tax rises

Expert warns Rachel Reeves to raise major taxes and reform others as he warns of 'desperate' situation
  • Kemi Badenoch is set to demand that Keir Starmer dismiss Rachel Reeves if she implements tax increases in the forthcoming Budget.
  • Ms Reeves is widely anticipated to raise taxes to address a spending gap estimated to be over £20 billion.
  • This potential move comes despite Ms Reeves' previous promise not to introduce more taxes after her last Budget.
  • The Institute for Fiscal Studies has indicated that at least £22 billion in tax rises or spending cuts will be necessary.
  • Raising income tax would contradict a key pledge in Labour's 2024 manifesto, which promised no increases to income tax, national insurance, or VAT.
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