The UK Chancellor of the Exchequer may consider raising income tax to address financial pressures.

According to a report by The Guardian, UK Chancellor Rachel Reeves may break a key manifesto commitment of the ruling party - the Labour Party, and is considering increasing income tax in next month's budget.

Due to a huge "black hole" in the UK's finances, the government has had to relieve the pressure by raising taxes.

Original: www.toutiao.com/article/1846810175817740/

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