Is the UK going to see tax hikes in autumn? Economists say it’s likely
Oxford Street on May 2 2025, in London. Mike Kemp | In Pictures | Getty Images When U.K. Chancellor Rachel Reeves announced her government budget last fall, unveiling a £70 billion ($95 billion) boost to public spending to be funded by higher borrowing and £40 billion in tax rises, which mostly hit British businesses, she…