Core Viewpoint - The UK Labour government is set to release its Autumn Budget for 2025 on November 26, with significant attention on whether income tax rates will be increased. Recent reports indicate that the Chancellor, Rachel Reeves, has decided against raising income tax rates, opting instead to increase other types of taxes, which has led to negative market reactions across the UK stock, currency, and bond markets [1]. Group 1 - The decision not to raise income tax rates may undermine market confidence in the UK government's ability to improve its fiscal situation [1]. - The UK Office for Budget Responsibility reported in July that public debt is at its highest level since the early 1960s and is expected to increase further in the medium to long term [1]. - The government needs to enhance fiscal revenue to meet its financial targets [1].

对里夫斯而言，这些数据无疑令人沮丧。她在首次公布预算案时就已引发商界不满，而外界预计，她将 在11月26日的预算案中宣布新增数十亿美元的增税计划。但此举给经济和公共财政带来风险：增税可能 抑制经济增长，进而影响里夫斯迫切需要的税收收入。 目前，英国政府借贷成本攀升、一系列政策出现"180度大转弯"，再加上预算责任办公室预计将下调生 产力预期，多重因素可能导致里夫斯无法实现自己设定的财政目标——即在2029-30财年前实现财政收 入覆盖日常支出。彭博经济研究测算，填补这一缺口需350亿英镑资金。 智通财经APP获悉，英国8月政府借贷规模高于预期，这给财政大臣雷切尔·里夫斯(Rachel Reeves)带来 打击，眼下她正为秋季颇具挑战的预算案做准备。英国国家统计局(Office for National Statistics)周五公 布，8月预算赤字达180亿英镑(约合244亿美元)。这一缺口远超英国预算责任办公室(Office for Budget Responsibility)预测的125亿英镑，同时创下五年来同期最高借贷纪录。 至此，英国政府本财年开局五个月的累计赤字已达838亿英镑，较预算责任办公室的预 ...