Rachel Reeves expected to drop plans for income tax rise
Source: BBC
Kate WhannelPolitical reporterPA MediaRachel Reeves has dropped plans to increase income tax rates at the Budget on 26 November, according to reports in the Financial Times.The newspaper says the chancellor and prime minister U-turned on increasing the tax, which would have broken an election manifesto promise, over fears it would anger voters and Labour MPs.Speaking to BBC Breakfast, Culture Secretary Lisa Nandy…
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