3 articles
• via The Independent
Rachel Reeves warns of broad tax increases to plug a £50bn public finance gap, shattering Labour's no-rise pledge and highlighting persistent productivity failures across governments. Markets tumble as households brace for eroded living standards.
• via the Guardian
The proposed 20% charge on departing UK residents' assets signals fiscal desperation, risking further wealth flight in an economy already losing ground to global rivals. It highlights cross-party failures in retaining capital over decades of decline.
• via the Guardian
Rachel Reeves eyes a basic rate income tax rise, shattering Labour's no-tax vow amid a £22 billion shortfall. This reveals persistent fiscal mismanagement across parties, forcing painful choices that burden households without restoring public services. (148 chars)