Budget rumours: Reeves must rule out “cloak and dagger” efforts to drag people into paying more tax

15 Oct 2025

EMBARGO: Immediate Release

Responding to Rachel Reeves admitting there may be more tax rises in this autumn’s Budget, Daisy Cooper, Liberal Democrat Treasury Spokesperson, said:

"Millions of people up and down the country are worried they could face more damaging tax hikes, after the Conservative party saddled them with a stealth tax and this Government hit them with an unfair jobs tax.

"Prolonging this uncertainty for weeks will leave people deeply worried about what this could mean for their payslips and bills.

“Rachel Reeves must rule out a cloak-and-dagger effort to raise revenue by extending the Conservatives’ stealth tax and dragging even more working people into higher tax rates. What we need is a proper growth plan and for the big banks, social media giants and gambling companies to pay their fair share of tax.”

ENDS

Notes to Editor:

Please see reporting here:
https://news.sky.com/story/chancellor-admits-tax-rises-and-spending-cuts-considered-for-budget-13450207 

 


 

 

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