Rachel Reeves has launched a £26 billion tax raid on Britain in her second Budget.

She risked a backlash by imposing a wave of new levies despite having said after her first Budget last year that she would not hit the country with a second huge tax grab.

But the Labour Chancellor also announced a series of Budget giveaways.

So who are the winners and losers from her fiscal plans?

The Budget means that many people will pay higher taxes but other individuals will benefit from some of the new measures.

Losers:

•Millions of people, including more than 2.6 million in the capital and wider South East , will have been dragged into paying higher rates of income tax by 2030/31 after the Chancellor extended the Tory six-year freeze on the thresholds for paying this levy by another thre

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