As the UK government prepares to unveil a high-stakes budget, Chancellor Rachel Reeves is tasked with addressing numerous economic challenges, including a looming cost of living crisis and a significant deficit. The upcoming budget is expected to feature a range of tax hikes, aiming to regain investor confidence while navigating internal dissent from Labour MPs advocating for substantial wealth taxes. With predictions of an unpopular and heavy-handed budget, Reeves must balance the demands of workers, savers, and pensioners against the backdrop of a skeptical public and uncertain markets. Investors are closely watching the announcement, as past performance under Reeves raises concerns about her ability to effectively manage the economy.