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Rachel Reeves is said to be considering plans to raise capital gains tax in line with income tax to plug a £20 billion funding gap from the Conservatives. The Labour chancellor will be presented with the proposals before she is expected to deliver a speech to prepare the nation for tax rises. According to reports, Reeves will declare Britain “broke and broken” ahead of revealing an inherited £20 billion hole in public finances from the Tories. Environment Secretary Steve Reed said the Tories left a “catastrophic” inheritance and covered up the extent of the issues. Speaking to GB News he said:…

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