'Austerity Doesn't Work': Why Taxes Will Have to Rise, by Labour Insiders

'Austerity doesn't work': Why taxes will have to rise, by Labour insiders

As Sir Keir Starmer convened his ministerial team for their weekly Cabinet meeting on Tuesday, he took time to thank “every department for their work to deliver the upcoming Spending Review”.For the majority of those sitting around the polished Cabinet room table, the attempt at gratitude will have fallen on deaf ears as they come to terms with the reality of significantly tighter budgets for the next three years.On Wednesday, Rachel Reeves will…

UK could face up to £30bn of tax rises to fund defence spending boost, economist says

Sir Keir Starmer has vowed to boost defence spending to 2.7 per cent of GDP by 2027, as Nato allies push for ‘dramatic increase’

Economists say that Britain may face an increase in tax to promote defense spending, says economist

Rahel reeves Can be forced to increase to £ 30BN through Tax increases Or wants to fulfill labor pledge to ... Read more The post Economists say that Britain may face an increase in tax to promote defense spending, says economist appeared first on The Local Report.