HomeBlogUncategorizedUK’s Reeves shrugs off ‘scaremongering’ tips higher taxes on the wealthy

UK’s Reeves shrugs off ‘scaremongering’ tips higher taxes on the wealthy

The Guardian spoke with UK Chancellor Reeves and she offered some hints at what is coming Nov 26:

People didn’t leave last year after higher taxesHigher taxes on the wealthy “will be part of the story”Reeves pointed to potential cost-savings from the use of new technologiesSaid budget won’t be a return to austerityThe Guardian writes: “There is also speculation she will revive plans to overhaul tax-free Isas to divert cash towards the UK stock market.”

The later could offer a tailwind to the FTSE 100.

This article was written by Adam Button at investinglive.com.


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