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25 Sep 2022

Labour party vows to reverse Tory tax cuts

Labour has kicked off its annual party conference in Liverpool weighing in on the government’s mini-budget and calling plans to cut taxes as ‘immoral’ saying it would only benefit the wealthy.

Labour leader Sir Keir Starmer said he would reinstate the 45 per cent tax rate for higher earners but keep the cut to the basic rate.

While the Chancellor has also hinted more tax cuts could be on the way.