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Tag: Rachel Reeves

Reeves’ £26bn tax freeze to drag 920,000 into higher rate by 2031, says BBC’s Faisal Islam 28 Nov 2025
  • By Arlo Westbrook
  • 0 comment
Reeves’ £26bn tax freeze to drag 920,000 into higher rate by 2031, says BBC’s Faisal Islam

Rachel Reeves’ £26bn tax freeze extends income tax thresholds until 2031, dragging 920,000 into the 40% bracket. BBC’s Faisal Islam reveals how fiscal drag, pension caps, and property taxes are reshaping Britain’s middle class — without raising rates.

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