The Guardian – PM’s vow to end austerity needs £25bn of tax rises
The Guardian leads on estimates from the Institute for Fiscal Studies that Labour will need to raise taxes by £25bn a year in the coming budget if it’s to meet a pledge to end austerity and rebuild public services.
Elsewhere, the paper notes James Cleverly’s elimination from the Tory leadership race has come as a shock. It leaves only Jenrick and Badenoch on the ballot.
Today’s news summary – Paper Talk
If you are someone who reads every perspective of a story, here is a news summary of all of today’s front pages from today’s newspapers; summarised in a 2-minute read
Editorial 10 October 2024.
Thursday’s front pages lead on domestic politics, with a number of publications reporting on the shock exit of James Cleverly from the Conservative Party leadership race. Cleverly had been a clear favourite for much of the contest – which is now down to Kemi Badenoch and Robert Jenrick.
Elsewhere, an estimate by the IFS that taxes will need to rise by up to £25bn in the budget if Labour is to meet its pledge to protect public spending.