Chancellor adds she wants to ‘get the balance right’ and not deter wealthy people from making the UK their home
Rachel Reeves has said those with the “broadest shoulders” should pay their “fair share,” of taxes and promised new measures to tackle inflation, as she draws up next month’s crunch budget.
Speaking in Washington DC, where she was attending the annual meetings of the International Monetary Fund (IMF), Reeves confirmed she was looking at wealthy taxpayers as she draws up her budget plans.
She also promised a new package of anti-inflation measures, after the IMF’s warning that UK consumers are expected to suffer the highest price rises in the G7 this year and next.
“Inflation is still too high,” she said. “We do want to bear down on some of the costs that people face.” She added she would deliver “a range of policies to do that” in the budget.
