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Rachel Reeves to Break 50-Year Tax Taboo in Budget

4 weeks ago

Rachel Reeves to Break 50-Year Tax Taboo in Budget Recent reports suggest that Chancellor Rachel Reeves is considering breaking a 50-year-old taboo by raising income taxes in the upcoming budget. This move, if implemented, will mark a significant departure from the traditional stance of avoiding tax hikes. With the UK economy facing challenges and the […]

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Bank of England Holds Interest Rates as Inflation Peaks

1 month ago

Bank of England Holds Interest Rates as Inflation Peaks Amidst a backdrop of economic uncertainty and rising inflation, the Bank of England has decided to keep interest rates unchanged at 4%. The decision came after a closely contested vote among policymakers, who believe that inflation in the UK has now peaked. This move by the […]

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Rachel Reeves Refuses to Rule Out Tax Rises in November’s Budget

1 month ago

Rachel Reeves Refuses to Rule Out Tax Rises in November’s Budget As the anticipation grows for the upcoming November budget announcement, Chancellor Rachel Reeves has stirred speculation by refusing to rule out potential tax rises. In a recent speech, Reeves emphasized the need to address the current economic challenges facing the UK, hinting at the […]

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Labour’s Fiscal Plan Includes Tax Rises: Impact on UK Economy

1 year ago

Labour’s Fiscal Plan and Tax Rises Labour’s recent unveiling of a budget plan that includes tax rises has sparked controversy and debate in the UK. Chancellor Rachel Reeves has defended the decision, stating that the tax increases are necessary to shore up the country’s finances and fund crucial public services. The plan includes inheritance tax […]

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