Rachel Reeves: Chancellor reacts to UK inflation rise Rachel Reeves has been criticised as people with wealth in the UK have reportedly started evacuating it for abroad after the Budget. The Chancellor of the Exchequer announced an increase to employers' National Insurance contributions, an increase in the basic rate capital gains tax on profits from selling shares from 10% to 18%, with the higher rate rising from 20% to 24%. DON'T MISS Powered by Keir Starmer promises' more cash in your pocket'
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2025-01-02 00:00:00.0