The Daily Telegraph warns of higher taxes for middle-class workers, as the Chancellor tries to fill a hole in her budget caused by U-turns on benefits and winter fuel payments.
Transport Secretary Heidi Alexander said on Sunday that Labour would protect people on “modest incomes”, which the Telegraph says are the clearest indication yet that a wealth tax is being considered.
The Sun’s editorial warns of a “chilling autumn”, saying a wealth tax would hold back growth, and drive away entrepreneurs.
The Financial Times says Rachel Reeves will use her Mansion House speech tomorrow to tear up “financial red tape which makes the UK uncompetitive”, but will resist pressure to loosen her fiscal rules.
The former Israeli Prime Minister Ehud Olmert tells the Gua
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