The Papers: 'Tax rises needed to plug £35bn gap' and 'Putin breaks Trump's 'ceasefire"
'Tax rises needed to plug £35bn gap' and 'Putin breaks Trump's 'ceasefire"Published12 October 2026, 01:37 BSTUpdated 1 hour agoImage caption, Several of today's papers cover a warning form the Institute of Fiscal Studies (IFS) of a funding gap in UK finances ahead of the chancellor's Budget. The i Paper leads with the £35bn "gap", saying tax rises will be "needed to plug" it. It attributes this to "high inflation and the UK's defence spending pledge".
- ▪'Tax rises needed to plug £35bn gap' and 'Putin breaks Trump's 'ceasefire"Published12 October 2026, 01:37 BSTUpdated 1 hour agoImage caption, Several of today's papers cover a warning form the Institute of Fiscal Studies (IFS) of a funding
- ▪The i Paper leads with the £35bn "gap", saying tax rises will be "needed to plug" it.
- ▪It attributes this to "high inflation and the UK's defence spending pledge".
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| Original publisher | BBC News — UK |
| Canonical URL | https://www.bbc.co.uk/news/articles/crp3gydddnxdo?at_medium=RSS&at_campaign=rss |
| Publication time | Mon, 12 Oct 2026 00:37:31 GMT |
| Retrieval time | 2026-10-12T01:10:24.867Z |
| Last seen | 2026-10-12T01:10:24.867Z |
| Headline source | Publisher (no WeSearch rewrite) |
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| Summary | WeSearch · cerebras-chat (WeSearch summarizer) |
| Summary source text | contentText |
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| Cluster | u_PEZpNYP3zR |
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| Ranking reason | Story pages are not engagement-ranked. Hub feeds use recency, with optional source-diversified chronological ordering (cap consecutive stories per source). No personalized ranking. |
| Publisher visit | Yes — open original |
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'Tax rises needed to plug £35bn gap' and 'Putin breaks Trump's 'ceasefire"Published12 October 2026, 01:37 BSTUpdated 1 hour agoImage caption, Several of today's papers cover a warning form the Institute of Fiscal Studies (IFS) of a funding gap in UK finances ahead of the chancellor's Budget. The i Paper leads with the £35bn "gap", saying tax rises will be "needed to plug" it. It attributes this to "high inflation and the UK's defence spending pledge". The Treasury declined to comment on speculation surrounding the Budget. The paper also covers the deadly attacks on Riyadh airport, saying they have alarmed "Saudi elite - and Washington". According to The i, the BBC will fill its "license fee hole" by selling Blue Planet III and launching a "new dating show for right-wing men".
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Excerpt limited to ~120 words for fair-use compliance. The full article is at BBC News — UK.