Faced with a £40 billion black hole, Reeves should clearly cut spending. But that’s wishful thinking, and this might be the least bad option
Faced with a £40 billion black hole, Reeves should clearly cut spending. But that’s wishful thinking, and this might be the least bad option
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Labour-linked think tank calls for Budget measure to cut 2p from National Insurance and levy it on income
Chancellor seeks to fill a black hole of up to £50 billion in the public finances
Policy U-turns by Starmer may leave Chancellor with no option but to raise funds
Economists say trying to balance the books by raising smaller taxes risks ‘unnecessary amounts of economic damage’
‘Iron-clad’ borrowing rules and a slowing economy threaten fresh raids this autumn
Labour chancellor also facing calls to raise levies on lawyers, sugar, salt and longhaul flights in the Budget
