The Cost of Labour: Record Numbers Taxed for Simply Saving Their Own Money

Millions of Britons are being dragged into paying tax on their savings as frozen allowances and government tax policies leave households facing increasingly large bills. New figures show that 144,000 people are expected to pay £5,000 or more in tax on savings interest during the 2026-27 tax year. That is almost three times the 52,700 … Continue reading The Cost of Labour: Record Numbers Taxed for Simply Saving Their Own Money