According to the International Monetary Fund (IMF), Rachel Reeves is whacking up taxes at the fastest pace of any G7 country. While the overall tax burden is not (yet) the highest in the bloc, the Chancellor is accelerating quicker than everyone else, including France, Germany and the United States. And she is now openly admitting it’s going to get worse…
British Government revenues are set to account for 40.6% of GDP by 2029, up from 38.3% when Reeves entered Number 11 last year. That’s around £65 billion added to the tax burden. A colossal rise…
Last year, Reeves promised her car-crash budget was a once-in-a-Parliament necessary evil. Now, not so much…
