Rachel Reeves this morning laid the groundwork for major tax rises in the Budget on November 26.

But the big problem for the chancellor is that she has repeatedly promised not to do just that.

Labour’s election manifesto last year promised that the party would not increase National Insurance, VAT or income tax if they won the election.

Reeves managed to keep that promise in her first Budget as chancellor last year, even though she put up other taxes by £40 billion.

She initially insisted that was a “once in a parliament” event to repair the public finances and that she would not need to come for more before the next election.

But today, the chancellor hinted she might have to make more “necessary choices” to keep Britain afloat – paving the way for more tax rises in the Budget in wha

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