Labour may introduce new forms of taxation | Martin Weale

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Published 2024-07-28
"I think we probably will see tax increases."

Rachel Reeves will "probably" announce tax increases and new forms of taxation to deal with the black hole in the overall budget, says former member of Bank of England's Monetary Policy Committee Martin Weale.

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All Comments (21)
  • @DrVlok
    Get the PPE money back and prosecute
  • How about MP's selling their second homes and fleets of expensive PETROL cars to fund it 🤔
  • @seanlander9321
    What is the problem with British parliamentarians that they would rather flog taxpayers harder than call on France to service its sovereign debt from Treasury?
  • @user-cs1dt2xw4c
    The merry go round of failed politicians and governments. There has to be a life for all of us than this system of things.
  • @russbramley1270
    “We will not raise your taxes” - immediately misspends and considers raising taxes - Labour 2024
  • @davidclark1545
    That will be the £20bn that was put out before the election so Labour did know…..
  • @TeaGuyAJ
    If we purchase something and what we order fails to be delivered we have the right to a full reimbursement, Its about time we had the same rights with governments. When a government is voted in they are because what they sell us (pledged to do) if they fail to deliver we should call for a revote.
  • @DisleyDavid
    Does anyone remember when Sunak told us Labour have no policies and then he told us what these plans would cost?
  • @masere
    £20bn shortfall? Scrap the £14bn foreign aid bill and that brings it down to £6bn. Much easier then isn't it? So will you be brave and do that Ms Reeves?
  • @psycrow6699
    Rishi can’t wait to say “I told you so” 😂
  • @Lara5x5
    It’s cuts cuts cuts. Business as usual. Still everything’s free if you get off a boat
  • @GeorgeGuntrip
    Let's get all the classes to fight , and they blame the immigration not the government like they aren't behind both
  • @stephenhaw8048
    I suppose they will want to impose tax on every car in the country that don't pay road tax.
  • @Toracube
    Raising taxes to pay to house immigrants, and pay for rents, heath, transport on and on…
  • @user-bz9cb8bp2y
    Where are the overspends. How about uncontrolled immigration... Billions lost 😢♥️🇬🇧
  • @ReggieThePug
    Stop the boats and deport.. That will save lots of money.. Wont it??
  • @djrigga
    They knew what was going on with budgets there going to beat this country to death