Account

The Actual News

Just the Facts, from multiple news sources.

The Papers: 'Income tax will go up' and 'Chill Bill'

The Papers: 'Income tax will go up' and 'Chill Bill'

Summary

Newspapers report that Chancellor Rachel Reeves plans to announce an increase in personal tax as part of the upcoming Budget, which may break a previous Labour Party promise not to raise taxes like income tax. The Labour Party shows signs of disagreement over this potential change. Additionally, the Bank of England decided to keep interest rates at 4%.

Key Facts

  • Chancellor Rachel Reeves plans to raise personal tax in the upcoming Budget.
  • This move may break Labour's earlier promise not to raise income tax.
  • Labour's deputy leader, Lucy Powell, has expressed concerns about breaking this promise.
  • The Bank of England decided to keep interest rates at 4%.
  • The decision on interest rates was close, with a 5-4 vote among policymakers.
  • The newspaper articles also discuss a mistaken prison release error and BBC impartiality concerns.
  • The Celebrity Traitors winner was revealed as comedian Alan Carr.

Source Information