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A bad news Budget looks set to be on the way as Labour continues to pour cold water on optimism about its own election victory.
Prime Minister Keir Starmer gave a gloomy speech last week saying the budget was going to be painful, hot on the heels of pessimistic comments from Chancellor Rachel Reeves herself.
But having promised not to raise income tax, national insurance, VAT and corporation tax, where will the government get the extra money from?
Starmer said the tax rises would target those with “broader shoulders” – but who are those people?
And are there really enough very wealthy people to target, or will the burden once again fall more on those in the wealthy middle class?
In this podcast, we look at what taxes could rise and what a capital gains tax, pension tax, inheritance tax or other taxes could mean for individuals.
Plus, Britain’s biggest mortgage lender, Halifax, is increasing what it will lend to first-time buyers, Crane continues the case of an Evri mistake and asks: shouldn’t one be within one’s rights to expect a package to arrive?
And finally, after the row over sky-high Oasis ticket prices, can you protect yourself against a potential blow-up between the Gallagher brothers or anything else that might prevent you from going?
This is the Money podcast
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