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MODIFICATION PROBABLE LONDON, July 30. "Mr. Bevin's tenure as Foreign Secretary may be oniy temporary," says the Daily Mail political correspondent. "He is still intent on being Chancellor of the Exchequer because it is an important post in the development and expansion on Socialist lines of industry and finance. He may remain Foreign Secretary during the period of international negotiations for a settlement in Europe and the preparations for the peace conference. "The Labour Government's programme for the next session of Parliament," adds the correspondent, "includes the introduction of an interim Budget, containing a modification, if not the total abolition, of the excess profits tax, together with a reduction or modification of direct income tax, lifting some of the war burden from '■ the middle classes and simultanc- '• ously helping industry."

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Bibliographic details

TAXATION IN BRITAIN, Auckland Star, Volume LXXVI, Issue 179, 31 July 1945

Word Count

TAXATION IN BRITAIN Auckland Star, Volume LXXVI, Issue 179, 31 July 1945

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