UK Chancellor Rachel Reeves Talks Tax Increases, Budget

Chancellor of the Exchequer Rachel Reeves announced £26 billion of tax increases in a budget that sought to balance the demands of both bond traders and Labour backbenchers. The budget included a more-than-doubled buffer of £22 billion and increased welfare spending by £16 billion, with decisions such as scrapping the cap on child benefits earning praise from left-wing Labour MPs. She speaks on the sidelines with Bloomberg's Lizzy Burden See omnystudio.com/listener for privacy information.