Chancellor Rachel Reeves to deliver Autumn Budget on 26 November

Chancellor Rachel Reeves will be delivering what is expected to be a Budget focused on tax increases in a bid to fill the £40bn public finances ‘black hole'. Reeves and prime minister Keir Starmer have stated that Labour is committed to sticking to its manifesto promise not to raise taxes on ‘working people', including through income tax, national insurance (NI) and VAT. However, in the latest Autumn Budget speculation, The Times reported that the chancellor is considering applying NI to rental income. The Resolution Foundation, a think tank previously headed by pensions minister T...