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McDonnell lays out VAT plans to help low-income families

by Felicity Collier

LOW-INCOME earners could benefit from reduced VAT because Britain would have the flexibility to lower the rate after leaving the European Union, shadow chancellor John McDonnell hinted yesterday.

The Tories have offered no guarantee against raising taxes while Labour wants to see the economy grow fairly, he said. “The concept of fairness is at the heart of everything we do.

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