Which tax rises could Rachel Reeves introduce to pay for the £5bn welfare U-turn?
- Posted on July 3, 2025
- By The Independent
- 1 Views

Which tax rises could Rachel Reeves introduce to pay for the £5bn welfare U-turn?

Labour’s pledge not to raise taxes on ‘working people’ leaves the chancellor with a limited number of workable options to fill the £5bn hole in the public finances left by this week’s welfare climbdown