Tag: tax increase

Badenoch Slams Reeves Over £26bn Tax Hike as UK Tax Burden Hits Record 38% of GDP

Labour's £26bn tax hike, revealed by an OBR leak, pushes UK tax burden to a record 38% of GDP, breaking pre-election promises. Shadow Chancellor Kemi Badenoch slammed Chancellor Rachel Reeves as the policy hits middle-income earners hardest.