Prime minister signals tax rises coming as he warns of 'painful' budget

Tuesday, 27 August 2024 (13 hours ago)
The October budget will be "painful", Sir Keir Starmer has said, giving the biggest hint yet of tax rises.

👓 View full article

0 shares	Share Tweet Save Post Send

💡 newsR Knowledge: Other News Mentions

Keir Starmer Prime Minister of the United Kingdom since 2024

PM arrives in Germany

Ukraine will be one of the main topics discussed by Sir Keir Starmer in Berlin where he has arrived tonight for a meeting with the German Chancellor, Olaf Scholz. Report by Gluszczykm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Credit: ODN Duration: 01:05Published on January 1, 1970

IFS reacts as Starmer warns of 'painful' autumn Budget [Video]

IFS reacts as Starmer warns of 'painful' autumn Budget

Director of the Institute for Fiscal Studies Paul Johnson said neither party was being honest in the election about raising taxes after Keir Starmer warned autumn's Budget would be "painful." "They've said they won't increase income tax, national insurance, VAT or corporation tax. Three-quarters of our tax revenue comes from those four taxes and if they're not going to raise those, it leaves them with a very limited number of options," Mr Johnson said. Report by Kennedyl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Credit: ODN Duration: 01:08Published on January 1, 1970

Starmer will need to show progress on his missions amid the bleak picture he has painted

Cast your mind back to the heady days of early July, as a beaming Sir Keir Starmer swept into Downing Street to a cheering crowd and the promise of "change".
Sky News 5 hours ago

PM welcomes Bahrain's Crown Prince to Downing Street [Video]

PM welcomes Bahrain's Crown Prince to Downing Street

Sir Keir Starmer welcomed Bahrain's Crown Prince and Prime Minister Salman bin Hamad Al Khalifa to Downing Street on Tuesday. It comes after Starmer delivered a keynote speech in which he warned the autumn Budget would be "painful" for many households. Report by Kennedyl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Credit: ODN Duration: 00:26Published on January 1, 1970

Keir Starmer sets out plans to rebuild UK's public finances [Video]

Keir Starmer sets out plans to rebuild UK's public finances

Sir Keir Starmer claimed his government "have done more in seven weeks than the Conservatives have done in seven years" as he criticised the former government for "leaving a black hole in public finances." Speaking from the rose garden in Downing Street, the prime minister said: "We will do the hard work to root out 14 years of rot, reverse a decade of decline and fix the foundations." Report by Kennedyl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Credit: ODN Duration: 01:15Published on January 1, 1970

Related videos from verified sources

Budget 2024: Mobile Phones, Chargers To Get Cheaper Or Costlier? Watch The Details [Video]

Budget 2024: Mobile Phones, Chargers To Get Cheaper Or Costlier? Watch The Details

Union Minister Nirmala Sitharaman presented the Union Budget 2024-25 in the Lok Sabha on Tuesday, with significant highlights and proposals aimed at reshaping the economic landscape. The most..

Credit: Oneindia Duration: 03:34Published on July 23, 2024

Budget 2024: Despite Bold Claims by Nirmala Sitharaman, Is Ground Reality Different?| Expert Talk [Video]

Budget 2024: Despite Bold Claims by Nirmala Sitharaman, Is Ground Reality Different?| Expert Talk

Finance Minister Nirmala Sitharaman presented her seventh consecutive Budget, outlining key measures for the Modi 3.0 government. The Budget introduced employment schemes and revised the new tax..

Credit: Oneindia Duration: 23:08Published on July 23, 2024

Budget 2024: Budget 2024: FM Sitharaman Unveils Game-Changing Overhaul in Personal Income Tax Slabs [Video]

Budget 2024: Budget 2024: FM Sitharaman Unveils Game-Changing Overhaul in Personal Income Tax Slabs

On July 23, Finance Minister Nirmala Sitharaman announced significant revisions to personal income tax rates under the new tax regime during the presentation of the Annual Budget 2024 in Lok Sabha. The..

Credit: Oneindia Duration: 03:14Published on July 23, 2024