Tax fears grow as Reeves faces new £9bn black hole ahead of Budget
- Posted on September 16, 2025
- By Daily Mail
- 1 Views

Tax fears grow as Reeves faces new £9bn black hole ahead of Budget

Allan Monks, UK economist at JPMorgan, told the Financial Times that even shaving 0.1 or 0.2 per cent from productivity would leave a hole of between £9billion and £18billion.