A leaked memo reveals that Deputy Prime Minister Angela Rayner urged Chancellor Rachel Reeves to implement eight new tax increases, sparking internal tensions within the Labour Party.
Rayner's proposals include reinstating the pensions lifetime allowance, raising dividend taxes, targeting additional rate income taxpayers, and increasing corporation tax. The memo suggests Rayner prefers tax hikes over spending cuts to fund government policies. Chancellor Reeves has publicly resisted calls for new tax rises, highlighting a growing rift at the top of the party.
The leak has ignited controversy and debate over Labour's fiscal strategy.
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Tensions rise in Labour as Angela Rayner urges Rachel Reeves to raise pension tax instead of cutting spending
Angela Rayner reportedly called on Rachel Reeves to reinstate the pensions lifetime allowance instead of cutting spending.
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Secret memo demanding NEW tax raids sent by Angela Rayner to Rachel Reeves is leaked, sparking fury
A SECRET memo by Angela Rayner has been sent to the Chancellor calling for punishing new tax raids, it emerged last night. Ms Rayner put forward proposals for eight new tax hikes in a bid to net
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