Increases in taxation for businesses and the wealthy form the heart of Labour’s first budget in 15 years
• Autumn budget live: latest news updates
• Budget 2024: key points at a glance
Rachel Reeves has announced £40bn of tax rises on businesses and the rich as Labour’s first budget in 15 years sought to reverse more than a decade of decline in Britain’s public services.
After months of speculation since the party’s general election landslide victory, the chancellor revealed a sweeping package of tax increases she said would be vital to balance the books and turn the page on austerity.
Continue reading… The Guardian Read More Increases in taxation for businesses and the wealthy form the heart of Labour’s first budget in 15 years• Autumn budget live: latest news updates• Budget 2024: key points at a glanceRachel Reeves has announced £40bn of tax rises on businesses and the rich as Labour’s first budget in 15 years sought to reverse more than a decade of decline in Britain’s public services.After months of speculation since the party’s general election landslide victory, the chancellor revealed a sweeping package of tax increases she said would be vital to balance the books and turn the page on austerity. Continue reading…
