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Reeves Signals Defense Tax Boost

Reeves Signals Defense Tax Boost

Published 3 days, 9 hours ago
Description

Chancellor Rachel Reeves is preparing for potential tax hikes to fund a much-needed defense boost, as the government’s Defence Investment Plan stalls and delays. With £15 billion earmarked for the armed forces — less than originally sought — Reeves admits a budget surplus won’t cover it all, forcing tough choices. Critics, including NATO veteran Lord Robertson, accuse the Treasury of dragging its feet, warning Britain’s security is at risk. Taxpayers may soon bear the brunt as the nation scrambles to arm itself.

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