Ministers are facing questions about which taxes could rise in a matter of weeks after Rachel Reeves warned everyone will “have to contribute” to securing the country’s economic future.

The chancellor was even told by the Tories to resign if she goes ahead with raising taxes in the November 26 Budget.

In an unusual speech just three weeks out from the major fiscal statement, the chancellor on Tuesday would not commit to Labour’s manifesto promises not to raise income tax, national insurance or VAT, fuelling speculation.

The Budget will focus on cutting NHS waiting lists, and addressing the cost-of-living crisis, the chancellor said, as well as reducing the burden of interest on government debt.

Reeves also wants to give herself a bigger buffer than the almost £10bn she previously had a

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