i Front Page 19th of October 2024
Rachel Reeves plans to freeze income tax thresholds beyond 2028, potentially resulting in millions of workers paying more as salaries increase in line with inflation.
Rachel Reeves plans to freeze income tax thresholds beyond 2028, potentially resulting in millions of workers paying more as salaries increase in line with inflation.
Labour ministers in the UK are expressing concerns over proposed public service budget cuts, accusing Downing Street of complacency, and highlighting the potential impact on government services.
The government is planning a £1.50 weekly increase in universal credit benefits, prompting criticism from Labour MPs who are concerned about the adequacy of support in light of rising inflation and living costs.
The i highlights warnings from economists and Labour MPs to the chancellor that a national insurance hike may adversely affect wages and consumer spending.