What's behind Rachel Reeves's 'hokey cokey' on income tax rises?

Rachel Reeves had heavily hinted at breaking manifesto pledges on income tax rises, but is now looking elsewhere to raise revenue

After weeks of wondering will she, won't she, and recent heavy hints that she would indeed raise income taxes in the Budget, Chancellor Rachel Reeves has now decided against the manifesto-breaching move.

Amid the fog of Budget speculation, here is what

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