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Published London, United KingdomUpdated

'We can't afford it!' Labour's war on wealth will leave 'ordinary Britons' plugging £1bn shortfall as Farage issue 'cliff-edge' tax warning

Summary by GB News
Labour's war on wealth is expected to leave a tax revenue shortfall of almost £1billion amid a fresh exodus of high-earners, damning analysis has revealed.Rachel Reeves's changes to so-called "non-doms" is set to kick in on April 6.The Chancellor had initially promised to "abolish non-dom status once and for all" as it enables millionaires to avoid paying British tax on foreign income and capital gains.Reeves has since proposed axing a Tory exem…

Bias Distribution

  • 50% of the sources lean Left, 50% of the sources lean Right
50% Right
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GB News broke the news in London, United Kingdom on Sunday, March 30, 2025.
Sources are mostly out of United Kingdom (1)

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