GBP/USD 1.355 EUR/GBP 0.851 GBP/JPY 193.996 EUR/USD 1.154 GBP/AUD 2.092 USD/JPY 143.148 USD/CAD 1.363 AUD/USD 0.648 CAD/JPY 105.033 EUR/CAD 1.572 GBP/CAD 1.847 AUD/CAD 0.883 AUD/JPY 92.751 AUD/NZD 1.076 EUR/AUD 1.780 GBP/USD 1.355 EUR/GBP 0.851 GBP/JPY 193.996 EUR/USD 1.154 GBP/AUD 2.092 USD/JPY 143.148 USD/CAD 1.363 AUD/USD 0.648 CAD/JPY 105.033 EUR/CAD 1.572 GBP/CAD 1.847 AUD/CAD 0.883 AUD/JPY 92.751 AUD/NZD 1.076 EUR/AUD 1.780
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City A.M. • Jun 02, 2025

Starmer’s defence spending will mean ‘chunky’ tax rises, warns IFS

Increasing the budget for national defense by £10-15 billion annually is expected to lead to substantial tax increases, as higher expenditures also coincide with growing costs in h...

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