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    Tax bombshell?

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    By News Desk on June 3, 2025 Business, Business Briefing, News Briefing
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    Starmer pledges defence boost but economists warn of heft price tag: Tax bombshell?

    Tax bombshell?

    City AM reports on the government’s plans to boost defence spending but asks if will it come at a potential tax rise. The paper says economists are warning the boost to the armed forces including building AI and drones will come with a hefty price tag.

    The front page also questions if there has been a non-dom exodus from the UK following the Chancellor’s crackdown on the tax status.

    Business pages City AM
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