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Sunak speech Wealthy set to escape tax raid as economy surges – Telegraph.co.uk

Chancellor says Britain’s tax system is already progressive as he points to “promising” signs for economic recovery

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Rishi Sunak has suggested wealthy families will be spared from a US-style tax raid as he hailed the strength of Britain’s surging economic recovery.
In a speech on Tuesday, the Chancellor said that he is “cautiously optimistic” about an upswing in economic growth as a string of data pointed to a sharp bounceback..
Mr Sunak said that measures he announced in the March Budget should be enough to return the battered public finances to level footing – suggesting he has backed away from a hike to capital…

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