The taxing times call for rich to pay more

CHANCELLORS used to keep their lips sealed like Trappist monks for weeks before delivering a Budget.

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Rachel Reeves tried a different approach — and it was not entirely successful.

She floated the idea of a manifesto-busting 2p income tax rise... and then found an extra £10billion down the back of the Treasury sofa, making it unnecessary.

But the uncertainty that and endless other deliberate leaks created spooked the markets and stopped people spending, which was bad for the economy.