Keir Starmer sidelined Rachel Reeves as he strengthened his hold on economic policy through a significant reorganisation of the government. The Prime Minister recruited the Chancellor’s deputy and senior tax adviser to join his staff, and he appointed his own economic expert as a sign that he intends to oversee the autumn budget personally. TheContinue reading “Keir Starmer Sidelines Rachel Reeves”
Tag Archives: Paul Johnson
‘Sugar Rush’ Of Tax Cuts Before Election Fuels Recession Fears
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”
In His Budget, Rishi Sunak Might Cut The VAT On Household Energy Bills
It was claimed that Rishi Sunak could cut VAT on household energy bills in the Budget to reduce the cost of the living crisis. The Chancellor is thought to be contemplating decreasing the 5 per cent rate even though he’s very little room for manoeuvre in the financial package on October 27. As well asContinue reading “In His Budget, Rishi Sunak Might Cut The VAT On Household Energy Bills”