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Rachel Reeves could double tax bills on more than a million homes. The Labour Party Chancellor could sting families with council tax bills of up to £10,000 a year.

The Chancellor is said to be looking at proposals to apply a 100 per cent increase to the two highest council tax bands, which would predominantly hit households in London and the South East.

One option said to be under consideration is a proposal by the Institute for Fiscal Studies, which would involve doubling rates for properties in the top bands G and H.

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The plans would see a typical bill rise from £3,800 to £7,600 for residents of a band G household, and from £4,560 a year to £9,120 for those in a band H home.

A source familiar with

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