Rachel Reeves has been slashed as the new Chancellor of the Exchequer, with a £22 billion deficit in the public finances set to be tackled. A new poll has revealed that it is not yet clear who Reeves will be. Four in ten Britons “don’t know” whether they are happy with the way the Chancellor… Read More »
You don’t have to be a Tony Blair fan to know that he was right about at least two things he highlighted this week. One is that unless something is done to improve the UK’s woeful productivity record, taxes will have to rise further to meet the costs of the country’s ageing population, making everyone… Read More »
Labor is preparing options for how it could raise money through extra wealth taxes to help rebuild Britain’s public services if it wins the general election, sources have told the Guardian. Proposals being considered include increases in capital gains tax (CGT), which were first revealed by the Guardian two weeks ago and could raise £8bn.… Read More »