Chancellor Rachel Reeves will announce Labour’s first Budget in 15 years on October 30, a moment which has mounted speculation about what measures could be included. Reeves faces the task of filling what she called the “£22 billion black hole” in public finances inherited by the previous government. Prime Minister Keir Starmer also warned the budget would be “painful” but there is “no other choice given the situation that we’re in.” This has led experts to warn tax rises could be included in the October announcement, alongside possible spending cuts. But raising any sort of taxes could damage …