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WATCH IN FULL: Rachel Reeves delivers pre-Budget speech – ‘We will get debt under control!’

Chancellor Rachel Reeves has refused to rule out tax increases, saying she will make the “necessary choices” in her upcoming Budget.

Speaking ahead of the announcement, Mrs Reeves said the past 12 months have brought “even more challenges” and pledged that her Budget would focus on both growth and fairness.

The Chancellor is expected to unveil potential tax rises on November 26, despite Labour having promised in its general election manifesto not to increase income tax, VAT, or National Insurance.

WATCH IN FULL ABOVE

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Writers at Lord’s Press come from a range of professional backgrounds, including history, diplomacy, heraldry, and public administration. Many publish anonymously or under initials—a practice that reflects the publication’s long-standing emphasis on discretion and editorial objectivity. While they bring expertise in European nobility, protocol, and archival research, their role is not to opine, but to document. Their focus remains on accuracy, historical integrity, and the preservation of events and individuals whose significance might otherwise go unrecorded.

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