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Event Brief

UK’s OBR Says Reeves Had Favorable Forecast Before Tax Speech

Rachel Reeves prepared for a tax rise in November after learning of better fiscal conditions.
WHO: Rachel Reeves
WHAT: pre-budget speech regarding income-tax rise
WHEN: Nov 26, 2025 at 7:00 PM ET
WHERE: United Kingdom
WHY: to prepare the public for a manifesto-breaking tax rise
Sources (1): Bloomberg

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