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Evening Standard
Evening Standard
Christopher McKeon and Michael Howie

Rachel Reeves urged to put 2p on income tax and cut employee NI to meet fiscal rules

Rachel Reeves should cut national insurance and increase income tax to create a “level playing field” and protect workers’ pay, a think tank has said.

In a report published on Tuesday, the Resolution Foundation said the Chancellor should send a “decisive signal” that she will take “tough decisions” on tax to calm jittery bond markets.

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