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Keir Starmer warns of ‘painful’ autumn budget as £22 billion deficit is revealed

Invezz Tuesday, 27 August 2024
Keir Starmer warns of ‘painful’ autumn budget as £22 billion deficit is revealedThe upcoming UK autumn budget is shaping up to be a challenging one, as Labour leader Keir Starmer warns of a £22 billion deficit in public finances. In a recent speech, Starmer highlighted the severe financial challenges the country faces, emphasising that the situation is far worse than initially anticipated. This announcement has set the […]
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Video Credit: ODN - Published
News video: IFS reacts as Starmer warns of 'painful' autumn Budget

IFS reacts as Starmer warns of 'painful' autumn Budget 01:08

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...

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