Tag: savers


  • Reeves Eyes £12bn Stealth Tax Raid on Savers in Budget

    Reeves Eyes £12bn Stealth Tax Raid on Savers in Budget

    Overview: A Quiet Tax Shift Targeting Savers The upcoming Budget is shaping up to deliver a substantial hit to savers, with reports indicating Chancellor Rachel Reeves plans to raise about £12 billion by keeping the personal savings allowance frozen for another year. The move, described by insiders as a stealth tax raid, would deny savers…