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Healey Rejects Calls to Increase Capital Gains Tax in UK Budget

Source: Bloomberg

Fiscal Policy & BudgetTax & TariffsBanking & Liquidity

Chancellor of the Exchequer John Healey will not raise the UK’s capital gains tax in next week’s budget. The Labour government plans to fund its plans instead through a levy on bank revenues; the article gives no levy rate or expected revenue.

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