Rachel Reeves's stealth tax raid on working people will push burden to fresh record high

Chancellor Rachel Reeves's policies are anticipated to increase the UK's tax burden to its highest level since the post-war era, with forecasts indicating a rise to 38.5% of GDP by the early 2030s. The Office for Budget Responsibility has revised its projections, highlighting that approximately half of this increase will be attributed to income tax due to a freeze on personal allowances.