Category: Austerity

Reeves warned UK inflation will push public sector unions to seek higher pay rises

Plan for ‘reasonable’ 2.8% rises may prove insufficient, forcing chancellor to find billions in extra funding Reeves has three ways to dodge an economic crisis – all are unthinkableRachel Reeves has been warned...

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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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