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Workers fight back against pay packet raids as UK nears ‘peak tax’

Summary
Today, the question for Rachel Reeves’s Treasury is no longer whether taxes will rise. Instead, it is how much higher they can go. Britain is on track for some of the fastest tax increases in the world following repeated raids by the Chancellor. Forecasts from the International Monetary Fund (IMF) show that total government revenues will reach 42.1pc of GDP by the start of the next decade.

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The Telegraph broke the news in London, United Kingdom on Sunday, April 19, 2026.
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