U.K. may need to tax the wealthy or target inheritances to close 20 billion deficit left by previous government
Briefly

The Labour manifesto included £10 billion of tax rises, but fresh ones will be needed in order for Rachel Reeves to sufficiently fund public services and investment while still hitting her fiscal rules.
Reeves is under pressure to plug what she claims is a £22 billion fiscal hole left by the previous Conservative government, with her hands tied by Labour manifesto promises not to raise income tax and VAT.
Read at Fortune Europe
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