A leading think tank has warned that the Government is in a ‘terrible bind’ – whoever wins the next election. The Institute for Fiscal Studies says weak economic growth and stubbornly high inflation leave ‘no room’ for unfunded tax cuts or spending increases any time soon. One problem is the amount the government is shellingContinue reading “‘Sugar Rush’ Of Tax Cuts Before Election Fuels Recession Fears”
Tag Archives: Fiscal Studies
There Will Be A Delay In Retirement For 8.5 Million Workers
Almost nine million workers will be forced to wait longer for their state pension if the Government increases the retirement age to 68 in the mid-2030s. The state pension age is presently set at 66 and is in the process of increasing to 67, and it’s legislated to increase again to 68 between 2044 andContinue reading “There Will Be A Delay In Retirement For 8.5 Million Workers”
The Middle Class Is Squeezed By Rishi Sunak
Experts said that Rishi Sunak tightened his grip on Britain’s squeeze middle with a Budget that will see it bear the brunt of tax increases for a splurge of public spending. Experts warned that millions of people will be left worse off under plans unveiled by the Chancellor, with no realistic prospects of taxes fallingContinue reading “The Middle Class Is Squeezed By Rishi Sunak”
THE MONTHLY MOSQUITO 