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Headlines

UK's Reeves says taxes on wealthy 'will be part of the story' in next budget, Guardian reports

Published by Global Banking and Finance Review

Posted on October 15, 2025

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LONDON (Reuters) -British finance minister Rachel Reeves has said higher taxes on the wealthy will be part of the story of her November 26 budget, the Guardian newspaper reported on Wednesday, citing comments from an interview.

Asked whether higher taxes on the wealthy would feature in the budget, the report quoted Reeves as saying “that will be part of the story”.

The report added she had declined to comment on specific budget measures.

(Reporting by William James; Editing by Chris Reese)