Rachel Reeves has done a rare media appearance today on a visit to manufacturers in Glasgow before a CBI roundtable with Scottish businesses. She was asked three times whether she would rule out raising Capital Gains Tax or Inheritance Tax in the budget. Thrice came a non-denial…

The Treasury’s latest projection is that a CGT hike will lose billions in tax revenue per annum. At the current thresholds 1 in 8 people will pay IHT on their or their spouse’s death within 10 years. These tax hikes will hammer the middle class hard…