Despite his above average income, Nick, 30, is living a below average life. And it’s only set to worsen thanks to Chancellor Rachel Reeves’s Budget, writes Oliver Dean
The Chancellor’s Budget took aim at Britain’s middle-income earners – the so-called ‘Nick, 30s’ . Whilst she stayed true to her manifesto commitment regarding income tax, tax threshold freezes amongst other changes all make ordinary Britons worse off. Many of these people have reached a breaking point – and are looking to escape the UK in search of a better life abroad. It is crucial that the Chancellor recognise the damage she has done, before thousands more taxpayers leave and take their money with them.
For context, it is important to paint a picture of ‘Nick’. Nick is in his early thirties. He earns an above average

City A.M.

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