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Event Brief

UK Stealth Tax to Affect 5 Million Workers

5.4 million workers will face higher tax brackets due to income threshold freeze by Chancellor Rachel Reeves.
WHO: Chancellor of the Exchequer Rachel Reeves
WHAT: Extension of policy freezing income thresholds
WHEN: Nov 25, 2025 at 7:00 PM ET
WHERE: United Kingdom
WHY: To manage government revenue and fiscal policy
Sources (1): Bloomberg

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