‘20bn shortfall in government finances’ The Guardian says the Chancellor’s speech could pave the way for potential tax rises in the autumn budget which is planned for October. The Telegraph says Reeves is expected to blame NHS pressures, prisons and schools for the funding gap when she sets out her audit in Parliament on Monday. The paper also reports that an “autumn tax raid” is likely with plans to raise taxes by up to £25bn. It says there are fears that a “raid on pensions or inheritance tax” could be coming. The i newspaper says Treasury officials are suggesting the government cuts tax relief for pensioners. The paper has spoken to an official who says the proposal could affect seven million people. Reeves has so far distanced herself from the…
