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Tag: Rachel Reeves

Reeves slashes Treasury Reserve to £4.5bn as Budget 2025 deadline looms

Reeves slashes Treasury Reserve to £4.5bn as Budget 2025 deadline looms

November 28, 2025 / Business / 0 Comments

Chancellor Rachel Reeves has cut the Treasury Reserve to £4.5bn and banned routine use of emergency funds ahead of Budget 2025, sparking debate over tax hikes, civil service cuts, and broken Labour manifesto promises.

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