Labour vows to bring back 45% top rate tax and invest in NHS

Shadow chancellor Rachel Reeves says recent events show Labour is now party of economic competence

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The shadow chancellor, Rachel Reeves, has vowed to reinstate the top 45% rate of income tax and put the money into NHS recruitment.

In her speech at the Labour party conference in Liverpool on Monday, she insisted the government’s chaotic handling of the economy in recent days underlined that Labour was now the party of economic competence.

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