On 29 September, UK Chancellor, Rachel Reeves, repeated that the standard VAT rate will not rise in line with the election manifesto promise. But the Chancellor may opt at the 26 November 2025 budget to raise much-needed funding by changes to the nil-rating and reduced 5% rates.
The prediction I've heard from various sources is, Labour are gonna increase VAT (sales tax) to 25%. What a shit show.