News and Announcements

Chancellor to scrap income tax hikes - report

By Abigail Townsend

Date: Friday 14 Nov 2025

(Sharecast News) - UK gilts came under pressure on Friday, after it was reported Rachel Reeves had ditched plans to increase income taxes in the Budget.
The chancellor had been widely expected to raise the rate for both higher and basic income tax payers at this month's Budget, despite manifesto pledges...

Sign up for free or to read the full story

Email this article to a friend

or share it with one of these popular networks:


Article Archive

Top of Page