Chancellor Rachel Reeves is set to deliver Labour’s first Budget in 14 years, with Prime Minister Keir Starmer emphasizing a focus on improving living standards, strengthening the NHS, and rebuilding the country. While acknowledging the need for those with the broadest shoulders to bear a heavier burden, Labour is committed to not increasing taxes on working people, sparking speculation about potential changes to capital gains tax, inheritance tax, and pension contributions. Public input is sought on measures to support homeowners or close tax loopholes in the upcoming Budget.
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