One key line from last year’s Budget looks set to come back to haunt Rachel Reeves as she sets out the government’s tax and spending plans later today.
The chancellor is expected to announce that she is continuing the freeze on the salary thresholds for income tax and national insurance.
That means that millions more will end up bring dragged into higher tax bands – or start paying income tax for the first time – when their wages go up.
But when she delivered her first Budget last October, Reeves insisted she would end the freeze, which was first introduced by the last Tory government, from 2028/29.
The chancellor insisted that not doing so would break Labour’s pre-election pledge not to put up income tax.
She said: “I have come to the conclusion that extending the threshold fr

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