Doubts mount over Britain’s ambitious growth plans — with warnings of further tax rises possible

Doubts are rising over the Labour government’s growth and investment agenda in London, with potential tax increases looming next year. Finance Minister Rachel Reeves announced reforms to boost economic growth and tax revenues, but the government must balance tax levels to fund public services while supporting business growth. Economist James Smith warned that if regulatory changes do not stimulate the economy, further tax hikes could be on the horizon.

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