Reeves Signals Move to Scrap Two-Child Benefit Cap and Raise Taxes on the Wealthy
Chancellor Rachel Reeves is reportedly preparing to abolish the controversial two-child benefit cap in the upcoming November 2025 Budget, as the government seeks to alleviate child poverty and restore fairness in welfare policy. At the same time, Reeves is expected to increase taxes on high earners. Sources say she is considering rising capital gains tax…
