Chancellor Rachel Reeves faces mounting challenges over budget cuts and tax hikes in the UK
Chancellor Rachel Reeves faces growing challenges after controversial budget decisions. Cuts to winter fuel payments, increased taxes on farmers, and lack of compensation for WASPI women have sparked public anger. Market turmoil has raised concerns about the UK’s economic stability, with government borrowing costs reaching their highest since 1998. Reeves must ensure debt falls as a share of national income or face difficult choices ahead. Upcoming reports and local elections will test Labour's popularity. Voter dissatisfaction could rise if the economy worsens, and public sector unrest may further complicate her position.