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The Independent UK
The Independent UK
David Maddox

Starmer faces cabinet revolt over Budget tax rises that could drive wealthy away

Sir Keir Starmer’s cabinet is deeply divided over economic policy, with senior ministers fearful further measures to target the rich in next month’s Budget could accelerate the wealth exodus from Britain.

Cabinet ministers have told the The Independent they believe Rachel Reeves has already gone too far with measures targeting the wealthy and businesses, and have urged the chancellor to change course if she is to have any hope of achieving growth.

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