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Evening Standard
Evening Standard
Politics
Rachael Burford

London tax bombshell: 170,000 would be hit by stealth income threshold freeze extension

Some 170,000 Londoners face losing hundreds of pounds a year if the predicted freeze on income tax thresholds is extended by the Chancellor, it was warned today.

Rachel Reeves admitted during the Labour Party Conference this week that she no longer stands by her pledge last year not to raise taxes, saying that “the world has changed”.

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