The Morning Briefing
Good morning and welcome to your Morning Briefing for Tuesday, 4 November 2025.
Tax Hike Fears
Tax rises are “inevitable”, a leading think tank has warned, just hours before Chancellor Rachel Reeves is set to pave the way for a tough 26 November Budget.
Tax rises are “inevitable”
This stark warning confirms the very fears that are already compelling investors to take pre-emptive, and potentially “dangerous”, financial action, according to new research from Hargreaves Lansdown.
Chancellor's Priorities
In a pre-Budget address today, the Chancellor will pledge to make “important choices” as she sets out her three priorities for the fiscal event:
- cutting hospital waiting lists
- the national debt
- the cost of living
Author's summary: Tax hike fears drive investors to ISAs and pensions.
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