FT – Reeves signals rise in business taxes as Starmer courts global investors
Rachel Reeves has given her “clearest signal yet” that business taxes will rise in the Budget, the Financial Times says. According to the paper, a rise in employers’ national insurance contributions has not been ruled out and “difficult decisions” will have to be made to balance the books, the chancellor says. Elsewhere, Canada and India have engaged in “tit-for-tat” diplomatic expulsions, it reports, following Canadian allegations the Indian high commissioner was connected to the death of a Sikh activist.
