Rachel Reeves, in a filmed address ahead of the Budget, acknowledged public anger and frustration at the state of the economy as she prepared to announce further tax hikes to balance the books.The Chancellor is widely expected to extend a freeze on personal tax allowances, which will mean almost one million more people being dragged into paying income tax as she searches for revenue in the face of a forecast slowdown in economic growth.

Rachel Reeves, in a filmed address ahead of the Budget, acknowledged public anger and frustration at the state of the economy as she prepared to announce further tax hikes to balance the books.The Chancellor is widely expected to extend a freeze on personal tax allowances, which will mean almost one million more people being dragged into paying income tax as she searches for revenue in the face of a forecast slowdown in economic growth.