Published On: Mon, Sep 9th, 2024

Hidden Labour tax hike could cost 35m Brits £350 a year each | Personal Finance | Finance


Reeves claims to have identified a £22billion “black hole” in the nation’s accounts and wants to plug it on October 30, by cutting spending and hiking taxes. Her controversial decision to axe the Winter Fuel Payment shows that she isn’t messing around.

She isn’t just going after the rich. Ordinary people will have to pay their share too, including the nation’s 35 million motorists.

As Reeves looks to raise billions, the nation’s cars, vans and motorbikes make an irresistible target.

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