From more tax to rewriting budget rules: six alternative ways Rachel Reeves could raise money

From more tax to rewriting budget rules: six alternative ways Rachel Reeves could raise money
By: The Guardian Posted On: March 29, 2025 View: 4

The chancellor has been slated by politicians, the public and campaigners for pushing ahead with brutal welfare cuts – but there were other optionsThere is growing criticism of Rachel Reeves for her orthodox approach to managing the public finances. While it is clear that modest reductions in spending put forward in the spring statement cannot be described as a return to austerity, they are expected to deliver considerable harm to vulnerable people at a time when wealth inequality continues to rise.Critics also believe the chancellor’s policies to improve living standards are flawed, and more radical reforms of the way Britain’s economy operates need to be supported by the government. Here we look at some of the options open to the chancellor. Continue reading...

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