Budget 2025: Starmer and Reeves ditch plans to raise income tax
Business
Sir Keir Starmer and Rachel Reeves have scrapped plans to break their manifesto pledge and raise income tax rates in a massive U-turn less than two weeks from the budget. The decision, first reported in the Financial Times , comes after a bruising few days which has brought about a change of heart in Downing Street. The prime minister has since apologised to Mr Streeting , who I am told does not want to press for sackings in No 10 in the wake of the briefings against him. But the saga has
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