Rachel Reeves Unveils Largest Tax Hikes in 30 Years
Edited By WION Video Desk
Published: Oct 31, 2024, 06:00 IST | Updated: Oct 31, 2024, 06:00 IST
Britain’s Finance Minister, Rachel Reeves, in her first budget, announced the country’s largest tax increase in three decades. To address the $28 billion funding gap, reeves plans to raise taxes by $52 billion a year, with a large share falling on businesses.
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