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Huffington Post // Politics

Exclusive: Rachel Reeves Insists She Will Not Put Up Income Tax, VAT Or National Insurance

Friday 11th April 2025, 12:41PM


Rachel Reeves leaves No.11 to deliver the Budget last October.Rachel Reeves has insisted that she will not break Labour’s election pledge not to increase income tax, VAT or National Insurance for workers before the next general election.In an interview with HuffPost UK, the chancellor said: “We made those manifesto commitments for a reason and we will stick with those manifesto commitments.”Reeves is under intense pressure over the state of the economy - despite receiving a welcome boost when it was confirmed that the UK’s gross domestic product (GDP) unexpectedly rose by 0.5% in February.Donald Trump’s decision to impose a 10% tariff on UK exports to the United States is likely to dampen economic growth – which Labour has said is its “number one mission”.Meanwhile, the Office for Budget Responsibility has warned that a full-blown global trade war would

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