UK finance minister Reeves plans tax raid on owners of expensive homes, FT reports

(Reuters) -British finance minister Rachel Reeves is planning a budget tax raid on the owners of expensive homes, with new, higher bands of council tax seen as the best way to raise several billion pounds for the cash-strapped exchequer, the Financial Times reported on Friday.

Reuters could not immediately verify the report.

(Reporting by Mrinmay Dey in Bengaluru; editing by Diane Craft)

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