Reeves warned against hitting businesses with more taxes in Budget

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Reeves warned against hitting businesses with more taxes in Budget

It’s a crucial week for the Chancellor too, as she prepares for her all-important Budget speech on Wednesday.

Tonight, Rachel Reeves called for unity and support from Labour MPs ahead of the Budget, which it’s thought will most likely contain tax hikes.

In a speech to the party’s backbenchers, she insisted the measures she will announce, would be just and fair.

Earlier the CBI called on the Chancellor not to hit businesses with what it called "death by a thousand taxes."

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Date: November 25, 2025