{"id":28061,"date":"2025-11-14T19:32:14","date_gmt":"2025-11-14T14:02:14","guid":{"rendered":"https:\/\/newzquest.in\/treasury-wont-cut-threshold-for-higher-rate-income-tax-say-sources-uk-politics-live\/"},"modified":"2025-11-14T19:32:23","modified_gmt":"2025-11-14T14:02:23","slug":"treasury-wont-cut-threshold-for-higher-rate-income-tax-say-sources-uk-politics-live","status":"publish","type":"post","link":"https:\/\/newzquest.in\/hi\/treasury-wont-cut-threshold-for-higher-rate-income-tax-say-sources-uk-politics-live\/","title":{"rendered":"Treasury won\u2019t cut threshold for higher rate income tax, say sources \u2013 UK politics live"},"content":{"rendered":"<div class=\"nshorts-card-frame\">\n<div class=\"nshorts-cat lang-en\">\u090f\u0928 \u0936\u0949\u0930\u094d\u091f\u094d\u0938'<\/div>\n<div class=\"nshorts-headline\">Treasury won\u2019t cut threshold for higher rate income tax, say sources \u2013 UK politics live<\/div>\n<div class=\"nshorts-summary\">Fallout continues over budget income tax U-turn, with Treasury saying expected fiscal gap has dropped to \u00a320bnThis is from Helen Miller, director of the Institute for Fiscal Studies thinktank, on the market reaction to the chancellor\u2019s reported budget U-turn.Investors will have 2 broad concerns about news that Chancellor won\u2019t increase income tax rates1. Does it signal less willingness to do politically difficult thingsBritain\u2019s long-term borrowing costs were sent soaring as reports suggested the latest U-turn would leave Rachel Reeves scrambling to fill a gaping black hole in the nation\u2019s finances just two weeks before the 26 November budget.Yields on 30-year UK government bonds, also known as gilts, jumped as much as 14 basis points in early trading, and the yield on 10-year gilts also shot up 12 basis points \u2013 rising the most since July. Continue reading&#8230;<\/div>\n<div class=\"nshorts-link\"><a href=\"https:\/\/www.theguardian.com\/politics\/live\/2025\/nov\/14\/rachel-reeves-income-tax-budget-keir-starmer-labour-uk-politics-latest-news\" target=\"_blank\" rel=\"noopener noreferrer\">Read Full Story<\/a><\/div>\n<p><span class=\"nshorts-disclaimer\">Technically enhanced content presented under fair use in public-interest journalism.<\/span><\/div>\n<div class=\"nshorts-audio-section\" style=\"margin-top:15px;padding:10px;background:#f5f5f5;border-radius:5px\"><strong>Listen:<\/strong> <audio controls style=\"width:100%;margin:10px 0\">Your browser does not support the audio element.<\/audio><\/p>\n<p style=\"margin:5px 0\"><a href=\"https:\/\/translate.google.com\/translate_tts?ie=UTF-8&#038;tl=en&#038;client=tw-ob&#038;q=Fallout+continues+over+budget+income+tax+U-turn%2C+with+Treasury+saying+expected+fiscal+gap+has+dropped+to+%C2%A320bnThis+is+from+Helen+Miller%2C+director+of+the+Institute+for+Fiscal+Studies+thinktank%2C+on+the\" target=\"_blank\" style=\"color:#0073aa;text-decoration:none\">\u2193 Download Audio<\/a><\/p>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>N Shorts Treasury won\u2019t cut threshold for higher rate income tax, say sources \u2013 UK politics live Fallout continues over budget income tax U-turn, with Treasury saying expected fiscal gap has dropped to \u00a320bnThis is from Helen Miller, director of the Institute for Fiscal Studies thinktank, on the market reaction to the chancellor\u2019s reported budget [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"googlesitekit_rrm_CAowl-PACw:productID":"","footnotes":""},"categories":[2149],"tags":[],"class_list":["post-28061","post","type-post","status-publish","format-standard","hentry","category-news-shorts-en"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newzquest.in\/hi\/wp-json\/wp\/v2\/posts\/28061","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newzquest.in\/hi\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newzquest.in\/hi\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newzquest.in\/hi\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/newzquest.in\/hi\/wp-json\/wp\/v2\/comments?post=28061"}],"version-history":[{"count":1,"href":"https:\/\/newzquest.in\/hi\/wp-json\/wp\/v2\/posts\/28061\/revisions"}],"predecessor-version":[{"id":28062,"href":"https:\/\/newzquest.in\/hi\/wp-json\/wp\/v2\/posts\/28061\/revisions\/28062"}],"wp:attachment":[{"href":"https:\/\/newzquest.in\/hi\/wp-json\/wp\/v2\/media?parent=28061"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newzquest.in\/hi\/wp-json\/wp\/v2\/categories?post=28061"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newzquest.in\/hi\/wp-json\/wp\/v2\/tags?post=28061"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}