The Guardian spoke with UK Chancellor Reeves and she offered some hints at what is coming Nov 26:
- People didn’t leave last year after higher taxes
- Higher taxes on the wealthy “will be part of the story”
- Reeves pointed to potential cost-savings from the use of new technologies
- Said budget won’t be a return to austerity
- The Guardian writes: “There is also speculation she will revive plans to overhaul tax-free Isas to divert cash towards the UK stock market.”
The later could offer a tailwind to the FTSE 100.
This article was written by Adam Button at investinglive.com.