counter Rachel Reeves eyes up tax hikes and spending cuts as she scrambles to plug fresh £20billion black hole  – Forsething

Rachel Reeves eyes up tax hikes and spending cuts as she scrambles to plug fresh £20billion black hole 

TAX hikes and spending cuts are on the table as Rachel Reeves scrambles to plug a fresh £20billion black hole.  The Chancellor has been given a bigger headache for next month’s Budget after forecasters reduced her ­economic wriggle room.  Analysis by the Office for Budget Responsibility is set to downgrade Britain’s productivity by around £20billion,…

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