Labour's new '£9bn' stealth tax raid? Hated freeze on thresholds set to hammer Brits even harder as inflation surges - in Budget windfall for Chancellor
- Posted on October 12, 2026
- By Daily Mail
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- 1 min read
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Labour's new '£9bn' stealth tax raid? Hated freeze on thresholds set to hammer Brits even harder as inflation surges - in Budget windfall for Chancellor
Surging inflation from the Middle East crisis is set to drag workers deeper into the tax system, according to the Institute for Fiscal Studies.