Raise taxes or this government will fail, Rachel Reeves’ former top adviser warns
- Posted on July 5, 2025
- By The Independent
- 2 Views

Raise taxes or this government will fail, Rachel Reeves’ former top adviser warns

Exclusive: Ex-Treasury minister Jim O’Neill has warned Reeves will have to raise income tax, national insurance or VAT to fill the £5bn black hole left by the welfare climbdown