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More Britons to pay top income tax rate in budget squeeze

Source: Reuters

LONDON, Nov 17 (Reuters) - More Britons will pay the top rate of income tax under government plans announced on Thursday to freeze allowances and lower the level at which people start to pay the highest rate as part of measures to stabilise public finances.Finance Minister Jeremy Hunt said that the newly-installed Conservative government of Prime Minister Rishi Sunak is "asking more from those who have more" as…

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Read the original source at Reuters