British finance minister Rachel Reeves has told the country’s budget watchdog that a rise in personal taxation is among the “major measures” she is preparing to announce in her budget, The Times reported on Thursday, confirming previous reports.
While Reeves could still change course, its inclusion in the government’s official submission to the Office for Budget Responsibility indicates the proposal is under serious consideration, The Times said.
Reeves’ office did not immediately respond to a request for comment.
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