UK Chancellor Rachel Reeves pressured to raise taxes up to £30bn for spending, facing fiscal challenge.

UK Chancellor Rachel Reeves faces pressure to raise taxes by up to £30bn to fund public spending and address economic challenges, despite previous promises to avoid tax hikes. The Spending Review on June 11th will detail budget allocations, including increased defence spending and pay hikes for public sector workers. Reeves must balance fiscal rules with economic needs, potentially impacting her party's relationship with businesses and investors.