Tories demand Reeves ‘urgently rule out’ investment tax hikes

Shadow chancellor Mel Stride has called on the Government to rule out tax hikes on investors (PA) - (PA Wire)

The Conservatives are demanding Chancellor Rachel Reeves “urgently rule out” raising shares taxes in the autumn budget, claiming that leaving investors “in limbo” will damage the economy.

The Tories claim scrapping the £500 dividend allowance will drag an estimated 5.22 million more people into paying investment levies.