Brits braced for tax hikes in the future
City AM reports since coming into power, Labour has repeatedly attempted to position itself as the energetic party for economic growth, capable of shocking a lagging system to reach new heights. But last week, the Chancellor of the Exchequer’s announcement was far from the electric economic thinking needed to revive a faltering system. Rather, it exposed the new government’s fundamental weaknesses: a lack of coherence, credibility and crucially, urgency.