GBP/USD 1.350 EUR/GBP 0.846 GBP/JPY 195.677 EUR/USD 1.142 GBP/AUD 2.071 USD/JPY 144.983 USD/CAD 1.368 AUD/USD 0.652 CAD/JPY 105.952 EUR/CAD 1.563 GBP/CAD 1.847 AUD/CAD 0.892 AUD/JPY 94.501 AUD/NZD 1.079 EUR/AUD 1.752 GBP/USD 1.350 EUR/GBP 0.846 GBP/JPY 195.677 EUR/USD 1.142 GBP/AUD 2.071 USD/JPY 144.983 USD/CAD 1.368 AUD/USD 0.652 CAD/JPY 105.952 EUR/CAD 1.563 GBP/CAD 1.847 AUD/CAD 0.892 AUD/JPY 94.501 AUD/NZD 1.079 EUR/AUD 1.752
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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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