Healey launches tax raid on savers as welfare bill spirals
The Chancellor has mounted a £4.3bn tax raid on savers and landlords as the benefits bill spirals. John Healey used his first Budget to increase income tax on property and savings by a further two percentage points from April. It was part of measures that will push the tax burden to a new record. https://www.telegraph.co.uk/business/2026/10/28/healey-launches-stealth-tax-raid-on-savers-as-welfare-bill/