The inaugural budget from Labour has stirred reactions from tech leaders amidst proposed economic changes.Key elements of the budget include significant tax increases and enhanced public…
Browsing: public spending
Rachel Reeves is under pressure to raise £25 billion in taxes to avoid austerity measures, according to IFS.The IFS warns that proposed tax rises need to…
The Office for Budget Responsibility (OBR) projects critical fiscal challenges for the UK, predicting that public debt could soar to unprecedented levels within five decades. Key…
The Office for Budget Responsibility (OBR) has issued a stark warning about the UK’s long-term fiscal health, suggesting public debt could climb sharply.Increasing public debt is…
A left-leaning think tank advises Labour to impose a tax on staff pensions, aiming to calm government spending.The proposal suggests companies should pay National Insurance on…