Policy could lead to UK’s biggest tax rise in 50 years.
Threshold freeze to cost taxpayer £40bn
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Policy could lead to UK’s biggest tax rise in 50 years.
New measures are designed to follow ISSB standards.
Challenger bank needs to raise £600m.
Long-term borrowing highest since 1998.
Stress testing has been common since the 2008 financial crisis.
Move benefits two million of the lowest-paid workers.
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