Published by Michele Maatouk on 14th November 2025
(Sharecast News) - Rachel Reeves is set to abandon a plan to raise income tax in her budget with the chancellor reportedly "ripping up" the main measures in the wake of turmoil in the party. A source told the Guardian that plans to break the manifesto pledge on income tax had been ditched by the prime minister, Keir Starmer, and the chancellor. - Guardian