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The Independent UK
The Independent UK
Archie Mitchell,David Maddox and Millie Cooke

Reeves admits tax hikes will hit working people as IFS accuses chancellor of ‘undermining trust’

Rachel Reeves has admitted her tax-grabbing Budget will hit the pay packets of working people as the Institute for Fiscal Studies (IFS) accused her of undermining trust in politicians.

The chancellor was forced to accept that her decision to hike employers’ national insurance contributions would lead to workers being paid less.

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