The chancellor is "listening" to concerns about a planned rise in capital gains tax, Work and Pensions Secretary Iain Duncan Smith has said. He told the BBC there would be "major exemptions" and the government did not want to harm entrepreneurs or families. Tory co-treasurer Stanley Fink earlier said a rise would deter entrepreneurs and could lead to an exodus of talent. Capital gains tax is now 18%, but the government says it wants to raise it to a rate similar to income tax rates. That could...
Full Story: BBC News
