Business

Middle earners face further tax squeeze as gilt market rout blows £6 billion hole in fiscal headroom

Daily Mail Money · 2 September 2026 at 00:01

Middle earners face further tax squeeze as gilt market rout blows £6 billion hole in fiscal headroom

Middle earners look increasingly likely to face a fresh tax squeeze after a rout on gilt markets yesterday threatened to blow a £6 billion hole in John Healey's Budget plans.

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Middle earners face further tax squeeze as gilt market rout blows £6 billion hole in fiscal headroom

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