Reeves’ Tax-Raising Budget Takes Shape After Labour Meeting (1)

Rachel Reeves’ next budget may be two months away, but its contours are becoming clearer after the UK Chancellor of the Exchequer used her party’s annual conference to lay the ground for raising taxes and lifting an unpopular cap on child benefits.

Higher levies on gambling companies, a potential freeze on income tax thresholds and changes to welfare spending were among the moves hinted at by Reeves and other senior ministers this week during the Labour Party’s four-day convention in Liverpool.

Rachel Reeves

Photographer: Chris J. Ratcliffe/Bloomberg

While Prime Minister Keir Starmer used a BBC radio interview at the close of the conference to say ...