Chancellor Rachel Reeves said she’s reached agreement with all of her UK cabinet colleagues on their spending allocations for next week’s budget, following tensions with some senior ministers over cuts planned for their departments.

British finance minister Rachel Reeves faces a tough task to raise the tax revenues she needs to invest more in public services and new infrastructure in her Oct. 30 budget.

Chancellor Rachel Reeves says she has now reached spending settlements with all government departments ahead of her much-anticipated Budget on 30 October. It comes after reports of Treasury rows with multiple departments over the expected scale of spending cuts.

The chancellor may be forced to increase taxes to reduce the shortfall in government spending and pay for public services

Concerns are mounting over Rachel Reeves' financial competence as Chancellor's maiden Budget approaches amid previous issues with expenses. Nine years ago, Reeves had her parliamentary credit card suspended after owing more than £4,

Which taxes will Chancellor Rachel Reeves raise in the Budget? - Increases in National Insurance for employers, inheritance tax, capital gains tax and stamp duty are expected in the Budget on October

A relentless focus on long-term ends.” According to its own mission statement, the Government believes long-term thinking has been lacking in UK politics. The upcoming Budget presents a perfect opportunity for the Chancellor to back up those words by committing to a long-term pensions tax lock,