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The Latest Breaking News from Paul Johnson

Netizens Call For Immediate Cut Of MP Salaries And Expenses After Rachel Reeves Leaves 10M Pensioners 'Out In The Cold'

Reeves claimed the public finances face an extra £22 billion hole inherited from the Conservatives and warned of "difficult decisions" ahead

International Business Times UK

Reeves accuses Hunt of £22bn lie; nonsense, he says. What’s the truth?

Shadow chancellor says successor confected story of ‘black hole’ to distract from tax rises, but things are not clearcut

The Guardian - UK

‘Wows’ abound as Reeves rails against unknown unknowns

Dutiful expressions of surprise greet chancellor’s depressing deluge of bad news

The Guardian - UK

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Rachel Reeves goes back to the future with her public finances statement

The chancellor’s message was: this is going to hurt, but it’s not my fault. Haven’t we heard that somewhere before?

The Guardian - UK

OPINION - The Standard View: Rachel Reeves and the blame game

Few can doubt that the Tories left office with the public finances in a dire state. But it takes two parties not to talk about the tax rises necessary to plug that gap. Indeed, no lesser authority than the Institute for Government’s Paul Johnson accused both Labour and the Conservatives…

Evening Standard

McDonald’s sales fall for first time since 2020, as higher prices deter consumers – as it happened

Live, rolling coverage of business, economics and financial markets as McDonald’s faces pressure to cut prices and lure back customers

The Guardian - UK

'Lie and pretend': Disbelief as Labour claim Tories 'covered up' £20bn funding hole

CHANCELLOR Rachel Reeves has been met with disbelief after claiming that a Tory government “cover up” hid a £20 billion shortfall in the UK’s…

The National (Scotland)

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How Labour could raise taxes as Starmer admits budget will be ‘painful’

The government has confirmed that tax rises are on the horizon

The Independent UK

Pay bodies to recommend 5.5% rise for teachers and NHS staff, report says

Above inflation deal could lead to government having to find an extra £10bn in total across the public sector

The Guardian - UK

Public sector pay rises could cost up to £10bn, economist warns

Extra money can only come from higher borrowing, higher taxes or cuts in spending, says expert

The Independent UK

Twice as many Britons want tax rises as want cuts, survey finds

Study reveals support for measures to maintain public services, regardless of impact on household finances

The Guardian - UK

Take it on trust, Britain’s politicians beg voters. Trouble is, we all know they’re lying

Will the return to ‘boring’ politics make all Britain’s problems magically disappear? If you believe that, I have a bridge to sell you, says Guardian columnist Marina Hyde

The Guardian - UK

If Rachel Reeves hikes capital gains tax, she’ll be more in line with Nigel Lawson than Gordon Brown

With Labour heavily predicted to win the upcoming UK election, there has been much talk about future tax plans.

The Conversation

'Oh dear, oh dear': Expert pans top Labour candidate over UK economy claim

THE director of Institute for Fiscal Studies (IFS) has dismissed a claim made by a senior Labour Party candidate that the financial situation of…

The National (Scotland)

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The Independent UK

Where do all the parties stand on tax cuts and spending – and are their manifestos fully costed?

Everything you need to know about the tax cuts proposed in the 2024 manifestos – and how they’re costed

The Guardian - UK

UK finances are a mess and Tories and Labour keeping public in the dark, says IFS

Institute of Fiscal Studies also dismissive of plans by Lib Dems, Greens and – in particular – Reform UK

Evening Standard

OPINION - The truth about tax no party will tell you

It’s going... up

The Independent UK

Tories and Labour under fire from IFS over ‘conspiracy of silence’ on tax

Think tank criticises ‘unattainable’ claims and ‘essentially unfunded’ NHS pledges

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news in one place.

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The Guardian - UK

Labour would raise taxes rather than cut spending if growth is weak, says IFS

Thinktank’s director Paul Johnson says pressures on spending would be too powerful for party to make cuts

The Guardian - UK

‘When they get in they will face a terrible reality’: can steady Starmer deliver what he promises?

Labour’s manifesto launch was as risk-averse as its whole campaign, but what will happen under the impact of bankrupt councils, crumbling schools and an NHS in crisis?

The National (Scotland)

Anas Sarwar walks back Labour pledge to devolve control of levelling up funds

A LABOUR-RUN Westminster government would not give its Scottish counterpart complete control over levelling up funding, Anas Sarwar has said –…

Evening Standard

Wes Streeting defends Labour's manifesto and likens Rishi Sunak's to 'Liz Truss on steroids'

Shadow health secretary also slams ‘crocodile tears’ of private schools over Labour VAT plan

The Independent UK

Starmer taunts Tories as he pitches Labour as ‘the party of wealth creation’ in polished manifesto launch

Keir Starmer deliberately moved his party onto Tory ground with a new offer to the UK but questions remained about how he will afford it

The Guardian - UK

Campaign catchup: A rabbit-free manifesto, a So Solid revival, and David Cameron’s mum

In today’s newsletter: Why Labour is making a virtue of a policy programme bereft of new ideas

The National (Scotland)

Leading economic experts tear apart Labour's 'no austerity' claims

TAX hikes and spending increases within the Labour manifesto are “trivial” and do not address cuts already faced by buckling public services,…

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