The Chancellor is considering hiking taxes on the gambling industry in the Budget to raise money as she came under pressure over rising levels of child poverty.

It is understood Rachel Reeves is looking at how levies on the multibillion-pound industry could be toughened up in order to generate revenue for the government, having launched a review of taxes in the sector earlier this year.

Former Prime Minister Gordon Brown suggested the money raised by increasing the tax could pay to scrap the two child benefit limit, improving the incomes of poorer families.

The Government has not ruled out lifting the benefit limit but sources would not be drawn on whether the gambling taxes could pay for it.

Reeves said she was “concerned” about child poverty levels, which are continuing to ris

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