Rachel Reeves is risking a “bonfire of jobs” as she plots massive tax rises, businesses and MPs warn

Reuters

RACHEL Reeves is risking a “bonfire of jobs” by hitting Britain with one of the biggest tax-hiking Budgets in history, businesses and MPs have warned.

The Chancellor is planning to raise an eye-popping £40 billion in levy rises and painful spending cuts.

Millions are set to pay more in income tax, employer National Insurance Contributions (NICs) , inheritance...