Reeves’ Budget raises tax take to all-time high

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Why This Matters

The UK government's budget proposal, led by Chancellor Jeremy Hunt, aims to increase the tax take to an all-time high of 38% of GDP by the end of the parliament. This move is expected to boost government revenue, but may also impact consumer spending and economic growth. The budget's tax hike is a key factor to consider for investors and market analysts.

Market Impact

Market impact analysis based on bearish sentiment with 71% confidence.

Sentiment
Bearish
AI Confidence
71%

Article Context

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Burden to reach 38% of GDP by end of parliament

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Full article on Financial Times
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Original article published by Financial Times on November 26, 2025.
Analysis and insights provided by AnalystMarkets AI.