#LabourParty

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‘Excessive and detrimental’ – touted Labour tax rises slammed by analysts

Touted tax rises in the UK market have been described as ‘excessive and detrimental’ by JP Morgan analysts.The recent tax proposals come from two think tanks, the Institute for Public Policy Research (IPPR) and the Social Market Foundation, both backed by prevalent Labour donor Dereck Webb.Nonethele

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UK: Labour considers up to £3bn tax raid on gambling firms

Ministers are considering a tax raid of up to £3bn on the gambling sector as Rachel Reeves casts around for funds to shore up the public finances.Treasury officials are understood to be weighing up proposals, put forward by two influential thinktanks and backed by one of the party’s top five individ

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