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Raising VAT rates would let Rachel Reeves fill budget black hole and enable growth | Letters
Increasing the value-added tax by a few percentage points could generate significant government revenue to address budget deficits while maintaining economic expansion without heav...
Read Full Article →Starmer and Reeves promised honesty about public finances. Can they stay the course?
Labour faces a challenging balance between reducing national debt and addressing declining public support amid stagnant economic growth and the potential need for increased taxatio...
Read Full Article →Rachel Reeves to try to reassure City investors after unexpected UK GDP fall
Rachel Reeves aims to restore investor confidence by highlighting potential growth opportunities despite recent economic contraction and concerns over public finances ahead of the...
Read Full Article →Fall in UK GDP puts focus back on expectations of tax rises in autumn budget
The recent contraction in the UK economy increases concerns about future revenue shortfalls, potentially leading to higher taxes in the upcoming autumn fiscal plan to address budge...
Read Full Article →Welfare bill climbdown will have ‘a cost’ at budget, says senior minister
The government’s reversal on proposed welfare reforms is expected to impact fiscal planning, with analysts suggesting this shift could increase the probability of tax adjustments i...
Read Full Article →Food prices pushed up by hot weather hitting harvest yields, say UK retailers
The recent increase in temperatures has led to lower crop yields, causing fruit and vegetable costs to rise and significantly influencing the overall growth in food price inflation...
Read Full Article →Keir Starmer admits government has ‘asked a lot’ of business, and defends employment rights bill – b...
The government recognizes the considerable demands placed on businesses amid recent fiscal policies and emphasizes its commitment to economic stability and future-focused investmen...
Read Full Article →Demob-happy IFS director tears into Rachel Reeves’s spending review
The outgoing IFS director’s critical assessment suggests that the spending review may barely avoid tax increases, highlighting potential challenges in achieving fiscal targets with...
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