The shock-absorber is a looser fiscal policy. Although the budget deficit is higher than one would like, the good news is that it is falling sharply.
As Bright Blue’s new report outlines, we can use tax as a tool to help reach a wide set of economic, social, and environmental goals.
Murty recognises that her tax arrangements “offended” a “sense of fair play”, he says.
Yvette Cooper says her party did tighten the rules when it was in power, and has called for action on non-dom tax avoidance.
It allows politicians to squeeze voters whilst lying about being tax-cutters at election time.
My instinct last week was that he tried too hard to please the Tory press. Nothing’s that’s happened since has suggested otherwise.
The Chancellor should not feel constrained by the OBR’s forecasts into limiting the actions he can take.
The second in a series of articles on how the Chancellor should approach the upcoming Spring Statement.
The Chancellor’s team reportedly wants to cut it from 20 per cent to 19 per cent in 2023. Here’s why that wouldn’t be a good idea.
Many Tories are alarmed by the tax rises recently announced by the Government, and will be looking for reassurance from Sunak.
A basic rule of thumb comes to mind and seems universally accepted: you should be able to keep at least half of every extra pound you earn.
It would help to level up places struggling to keep pace with the UK’s most prosperous locations.