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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
The Chancellor has been hit by a Labour revolt over breaking the party’s manifesto by raising income tax

6 Articles

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Today's Conveyancer broke the news in on Monday, November 10, 2025.
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