IFS reacts as Starmer warns of 'painful' autumn Budget
Video Credit: ODN - Duration: 01:08s - Published
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.
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Anas Sarwar is "right" to distance himself from Sir Keir Starmer over the decision to scrap winter fuel payments for most pensioners, Baroness Davidson has said. Sky News
Prime minister Sir Keir Starmer welcomed the President of Indonesia Prabowo Subianto to 10 Downing Street on Thursday. Mr Subianto, who was inaugurated last month, met the prime minister earlier this week at the G20 leaders’ summit in Brazil.
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Sir Keir Starmer said the UK must "double down" it's support for Ukraine after returning from the G20 summit in Brazil. Addressing the House of Commons on Thursday, the prime minister said it "could not be more clear" that "this is a man that wants destruction, not peace".
"After 1,000 days of war, I am clear that we must double down in our support. We will not be deterred or distracted by reckless threats," he added.
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Sir Keir Starmer has launched with Brazil the Global Clean Power Alliance at the G20 summit in Rio de Janeiro. 12 countries have signed up to join the initiative, which the UK prime minister says, "is about harnessing the political leadership needed to unlock investment on a huge scale, so that no developing country is left behind". Report by Brooksl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Prime Minister Narendra Modi and UK Prime Minister Keir Starmer have agreed to resume negotiations on the India-UK Free Trade Agreement. The leaders aim to.. IndiaTimes
Angela Rayner has paid tribute to former deputy prime minister John Prescott following his death aged 86 following a battle with Alzheimer's. The deputy prime minister described Mr Prescott as "an incredible figure in politics" and revealed he would often ring her after PMQs to offer words of encouragement.
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Gordon Brown has paid tribute to former deputy prime minister John Prescott following his death aged 86 following a battle with Alzheimer's. The former prime minister credited Mr Prescott with transforming "our view of climate change" and being the "pioneer of levelling up."
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Shadow defence secretary James Cartlidge has responded to speculation that Ukraine has fired UK-supplied Storm Shadow missiles at targets inside Russia for the first time. Mr Cartlidge said: "We do support giving Ukraine maximum autonomy because ultimately they're trying to fight for their lives - this is an act of self defence." Report by Kennedyl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Robert Jenrick has accused Sir Keir Starmer of "breaking promises" as speculation grows that the prime minister will raise taxes in October. Mr Starmer delivered a speech on Tuesday where he warned the..
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..
Sir Keir Starmer has warned that the autumn Budget is going to be "painful," adding that he will have to make “big asks” of the public. It comes amid growing speculation that the government are..