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Rachel Reeves has not ruled out tax rises in her October 30 budget. The Chancellor spoke to the Commons yesterday, outlining some of her plans and confirmed a date for the first Labour budget in over 14 years. During a press conference with the media later on yesterday evening, Reeves was asked whether she will be “straight” with the public on tax rises. She did not rule out rises but reiterated her party’s manifesto commitment not to increase national insurance, income tax or VAT. The Leeds West and Pudsey MP repeated that Labour did not know about £22billion of unfunded spending commitments …

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