Browsing: Chancellor

‘Budget tax raid warning’ & ‘Assisted dying bill vote Friday’ – Paper Talk UK

News Briefing

Monday’s front pages lead with several domestic and international stories.

Ongoing backlash over the October Budget dominates a handful of front pages with several reporting on the ‘tax raid’ whilst others preview a speech by the chancellor in which she will say she had no choice other than raising taxes.

Several papers look ahead to Friday’s assisted dying vote in the Commons. The Cabinet appears to be split over the vote – but many of the papers are not.

Images of Storm Bert feature on many front pages as streets flood in the UK and at least five people died.

The weekend’s Premier League action dominates the back pages.

Unlocking Labour’s investment dilemma

Politics

“In the standard textbook model that Reeves would have learned at Oxford and the London School of Economics in the late 1990s, business investment is a reward for governments that behave nicely. Investors want low tax rates, flexible markets and, above all, stability. Any hint of an increase in borrowing and they will spook, worrying that government debt will spiral out of control. In this kind of model, even austerity can be expansionary, as it demonstrates to the business community that the fiscal authorities are really committed, even at the expense of electoral pain.”