Published 1 year ago

Four ways the UK economy is being hampered by the private sector

Summary by Ground News

The UK government has decided to go ahead with a rise in corporation tax in April 2023. The move is a clear reversal of the tax reduction which previous chancellors hoped would encourage output and innovation. The idea of lowering corporation tax to boost growth (and ultimately tax revenue) failed spectacularly under Liz Truss' short-lived premiership.

0 Articles

All

Left

Center

Right

The Conversation

Four ways the UK economy is being hampered by the private sector

IR Stone/ShutterstockThe UK government has decided to go ahead with a rise in corporation tax in April 2023. The move is a clear reversal of the tax reduction which previous chancellors hoped would encourage output and innovation. The idea of lowering corporation tax to boost growth (and ultimately tax revenue) failed spectacularly under Liz Truss’s short-lived premiership. And as the current chancellor Jeremy Hunt explained in his recent budge…

1 year ago

Read Full Article

Western Morning News

Four ways the UK economy is being hampered by the private sector - Western Morning News

IR Stone/Shutterstock The UK government has decided to go ahead with a rise in corporation tax in April 2023. The move is a clear reversal of the tax reduction which previous chancellors hoped would encourage output and innovation. The idea of lowering corporation tax to boost growth (and ultimately tax revenue) failed spectacularly under Liz Truss’s short-lived premiership. And as the current chancellor Jeremy Hunt explained in his recent budg…

1 year ago·Somerset, United Kingdom

Read Full Article

Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/year

Stories disproportionately reported by the Left or the Right

Ground News Article Assistant

Not enough coverage to generate an Article Assistant.