Monday 31 August 2020 is a holiday in the UK, a good time for getting this sort of bad news dribbling out.

UK press with the report,

  • Chancellor Rishi Sunak has his Treasury officials drawing up plans for a £30bn tax raid on the wealthy, businesses, pensions and foreign aid
  • proposals would be part of the budget in November
  • planning to raise capital gains tax
  • and corporation tax (from 19% to 24%)

UK Times link is here (may be gated).

ps. Reuters report here is ungated

Monday 31 August 2020 is a holiday in the UK, a good time for getting this sort of bad news dribbling out.