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Portrait of the week

Portrait of the week: Budget leaks, prisoners released and Israel kills Hamas leader

26 October 2024

9:00 AM

26 October 2024

9:00 AM

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Rachel Reeves, the Chancellor of the Exchequer, was expected to freeze tax thresholds in the Budget on 30 October, to swell government income as more working people were brought into higher tax bands. Before Labour formed a government, she had said that the Conservatives, by freezing tax thresholds, were ‘picking the pockets of working people’.

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