The new ranking comes as Rachel Reeves is preparing for her Budget - Hannah McKay/Reuters Britain has tumbled down the global rankings of personal tax competitiveness in the wake of Rachel Reeves’s £25bn raid on employers last year. The UK has dropped five places to 25th in the rankings of 38 OECD nations in just a year, according to the Centre for Policy Studies (CPS). The Chancellor’s levy on National Insurance contributions paid by employers, widely considered a jobs tax, combined with the increase i ...