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World

How Labour plans to justify its tax hike

26 July 2024

10:25 PM

26 July 2024

10:25 PM

Oh, the suspense. It seems that we will have to wait until next week to discover the details of the £20 billion ‘black hole’ which chancellor Rachel Reeves has supposedly discovered in the public finances. Don’t get too excited, though. The revelation will be no greater a surprise than the ending of James Cameron’s blockbuster film Titanic (spoiler alert: a large ship hits an iceberg and sinks).

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