Category: Austerity

Labour warned £22bn shortfall will last years without higher taxes or cuts

Resolution Foundation says overspend chancellor claims she inherited will persist unless tough choices are madeReeves spends first 100 days in power trying to ride two horsesLabour weighs £3bn tax rise on gambling...

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Labour needs £25bn a year in tax rises to rebuild public services, warns IFS

Thinktank says tax increases in budget will be necessary even if Rachel Reeves changes fiscal rulesWill Rachel Reeves’s rules on debt and spending survive the budget?Keir Starmer’s promise to end austerity and...

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Angela Rayner unveils sweeping plans to tackle ‘scandal’ of Tory housing legacy

The deputy PM is to announce new rules to boost affordable homes as a £20bn shortfall in UK public finances is revealed• Angela Rayner: Labour’s radical housing plan will be smart, tailored and strategicA...

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Verdict due on impact of Brexit and austerity on Covid-19 response

David Cameron, George Osborne and Matt Hancock to face criticism about priorities in years running up to pandemicThe impact of austerity and Brexit on the UK’s readiness for Covid will be spelt out at noon on Thursday when...

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Incoming ministers ‘will face UK public services on brink of collapse’

Institute for Government calls for ‘credible vision’ to tackle crisis engulfing NHS, prisons and local councils Political parties must be honest with Britain about the immediate crisis of collapsing public services...

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Rachel Reeves under pressure from shadow ministers to raise capital gains tax to revive public services

Exclusive: After ruling out rises in VAT, income tax or NICs, shadow chancellor said to be weighing other options to raise cash in an autumn budgetStarmer says Sunak broke ministerial code with tax claimReality check: the truth...

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