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Breaking News 26 Nov 2025 Trade & Economy2 min

Reeves’s Budget: Shadow Chancellor Pledges £26bn Tax Hike

Breaking News: Labour’s Rachel Reeves has announced a Shadow Budget raising taxes to their highest sustained level since 1948. Rachel Reeves, Labour’s Shadow Chancellor, has unveiled a financial plan that will increase taxation by £26 billion, according to reports. The proposal, presented today, targets non-domicile tax status, private equity carried interest, and capital gains. It […]

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