With the first Labour Autumn Budget in 14 years just one week away, speculation is rising on what to expect. Chancellor Rachel Reeves has warned of tax rises and spending cuts to a value of £40billion, and capital gains and inheritance tax could be a key target, an expert has said.

Craig Rickman, personal finance expert at interactive investor, said: “As soon as promises not to raise Capital Gains Tax and Inheritance Tax were omitted from Labour’s election manifesto, rumours swirled that…