Inside Britain's new budget with more taxes and higher spending • FRANCE 24 English

UK Finance Minister Rachel Reeves announced a new budget that includes more taxes for ordinary workers but higher government spending on social welfare programmes.  The new plan will raise the government's tax take to a post-war high of 38% of GDP by 2031, according to the Office for Budget Responsibility (OBR).  It will give the government greater room to meet its deficit-reduction targets - prompting investors to buy long-dated government bonds, sending yields sharply lower. 

Read more about this story in our article: https://f24.my/BaHQ.y

🔔 Subscribe to France 24 now: https://f24.my/YTen
🔴 LIVE - Watch FRANCE 24 English 24/7 here: https://f24.my/YTliveEN

🌍 Read the latest International News and Top Stories: https://www.france24.com/en/

Like us on Facebook: https://f24.my/FBen
Follow us on X: https://f24.my/Xen
Bluesky: https://f24.my/BSen and Threads: https://f24.my/THen
Browse the news in pictures on Instagram: https://f24.my/IGen
Discover our TikTok videos: https://f24.my/TKen
Get the latest top stories on Telegram: https://f24.my/TGen

Post from France 24 on November 26, 2025

View Original Post