Reeves targets cost of living with rail fares freeze amid fears over Budget tax rises
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Reeves targets cost of living with rail fares freeze amid fears over Budget tax rises
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"The announcement on rail fares will save an estimated 300 next year for commuters who use the most expensive routes and follows Labour's decision to renationalise the railway network. The moves come amid speculation about tax rises on property, banks and gambling and concerns that the chancellor will need to fill a black hole in the government finances of at least 20bn."
The Independent seeks donations to fund on-the-ground journalism across reproductive rights, climate change, Big Tech and other issues while keeping reporting free of paywalls. The upcoming Budget will include a rail fare freeze expected to save an estimated 300 next year for commuters on the most expensive routes and follows Labour's renationalisation of the rail network. There is speculation about tax rises on property, banks and gambling to address a government finances shortfall of at least 20bn. Concern exists that fuel duty may rise for the first time in 15 years, and FairFuel delivered a 152,000-signature petition. Rachel Reeves plans Budget measures to cut NHS waiting lists and reduce national debt.
Read at www.independent.co.uk
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