Increased spending commitments require higher revenue, economists warn
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Britain ‘faces up to £30bn of tax rises’ to hit Nato defence target
Increased spending commitments require higher revenue, economists warn
553 words~3 min read
Increased spending commitments require higher revenue, economists warn
Increased spending commitments require higher revenue, economists warn
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Sir Keir Starmer has vowed to boost defence spending to 2.7 per cent of GDP by 2027, as Nato allies push for ‘dramatic increase’
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Threat of higher burden as Starmer prepares to commit to spending 5pc of GDP on national security
Voters were warned last night to brace for further tax rises after Nato spending demands blew a £40billion hole in Labour's plans.
The Chancellor has opened the door to painful hikes, saying 'the money's got to come from somewhere'.
