Page last updated at 16:36 GMT, Monday, 24 November 2008

Darling announces top-rate rise

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Chancellor Alistair Darling has announced that the top-rate of tax will rise to 45% in 2011 in his pre-Budget report.

Mr Darling's Commons statement heralds the biggest shake-up of Labour's economic policy since it came to power in 1997.

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