The Chancellor raked in a record £2.2bn in inheritance tax receipts in the three months to September, ahead of an expected raid in Rachel Reeves’ maiden Budget next week. Inheritance tax brought in £736m for the Chancellor last month alone,

With chancellor planning tax shake-up in this month’s Budget, Foreign Investors for Britain is trying to affect debate

Labour’s manifesto pledged not to raise income tax rates. Last year, Ms Reeves appeared to agree, saying: “People on average earnings are paying more in tax because they are dragged into higher tax brackets. That is a sign of failure. The government is picking the pockets of working people.”