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Reeves to Hammer London with 1.4 Million Facing Budget Blow From 2p Income Tax Rise
Chancellor Reeves aims to address a £30 billion Budget gap by raising income tax 2p for 2.8 million higher rate taxpayers in London and the South East, with a capped National Insurance cut.
Summary by Evening Standard
6 Articles
6 Articles
Budget 2025: Rachel Reeves ‘weighing up’ income tax rise that could push rates to 65%
Rachel Reeves is said to be considering a 2p rise in income tax rates — a move that could push the effective tax burden for some higher earners to 65 per cent and break Labour’s election pledge not to raise taxes on working people
·London, United Kingdom
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Reeves backtracks on LLPs as chancellor sets the scene for tax increases
Reeves backtracks on LLPs as chancellor sets the scene for tax increases: Chancellor Rachel Reeves has is reported to be watering down plans to raise tax through the imposition of of a national insurance equivalent levy on limite
Coverage Details
Total News Sources6
Leaning Left0Leaning Right2Center1Last UpdatedBias Distribution67% Right
Bias Distribution
- 67% of the sources lean Right
67% Right
C 33%
R 67%
Factuality
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