Chancellor has ways to cover UK deficit without breaching spirit of Labour manifesto, Morgan Stanley claims
Rachel Reeves could raise as much as £45bn in taxes without breaking Labour’s manifesto promises, according to a City report.
Economists at the US investment bank Morgan Stanley said they expected the chancellor to use next month’s budget to announce billions of pounds in tax increases to cover a potential £30bn shortfall in the public finances.
Continue reading…Chancellor has ways to cover UK deficit without breaching spirit of Labour manifesto, Morgan Stanley claimsRachel Reeves could raise as much as £45bn in taxes without breaking Labour’s manifesto promises, according to a City report.Economists at the US investment bank Morgan Stanley said they expected the chancellor to use next month’s budget to announce billions of pounds in tax increases to cover a potential £30bn shortfall in the public finances. Continue reading…
