Categories: India

UK's Reeves considering tax increases and spending cuts for budget, Sky News reports

Oct 15 (Reuters) – Britain's finance minister Rachel Reeves said she was looking at both tax rises and spending cuts in the upcoming budget, according to an interview with Sky News on Wednesday. "Of course, we're looking at tax and spending as well," Reeves told Sky News when asked how she would deal with the country's economic challenges in her November 26 budget statement, according to the report. (Reporting by Rhea Rose Abraham in Bengaluru; Editing by Muralikumar Anantharaman)

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