Tax rises ‘guaranteed’ as Healey faces £22bn black hole from Burnham spending plans Economics Chancellor John Healey will be forced to launch another round of major tax rises in the autumn, leading economists have warned, after a Morning Wire analysis found £22bn of spending pledges are not accounted for in official forecasts. Less than 24 hours after becoming Prime Minister, Andy Burnham has already announced plans to end rough [...]
Tax or cut? Rachel Reeves faces fiscal headache before OBR forecasts Economics The Office for Budget Responsibility (OBR) will publish its latest assessment of the UK economy on 26 March.