Tax rises in Budget ‘unavoidable’ as borrowing soars to new five-year high in blow to Rachel Reeves – how it affects you

TAX rises in the Autumn Budget are now “unavoidable”, experts have warned, as government borrowing soars to a new five-year high. The government borrowed £20.2 billion last month, £1.6 billion higher than in September 2024, the Office for National Statistics (ONS) said. This was over £2billion more than borrowing in August, and the highest September…