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Evening Standard
Evening Standard
Politics
Rachael Burford

Budget 2025: Reeves hammers London in £26billion tax grab hitting homeowners, renters, landlords and workers

Londoners will bear the brunt of the Chancellor’s multi-billion pound Budget tax raid with the owners of expensive homes and thousands of workers being clobbered by tax rises.

Rachel Reeves announced tax rises amounting to £26billion as she battles a downgrade in forecast to Britain’s economic growth.

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