Tribune Online
UK’s Labour govt hikes taxes by £40bn in first budget

Britain’s new Labour government, on Wednesday, announced major tax hikes and higher borrowing to meet Prime Minister Keir Starmer’s aim of investing for long-term growth. Addressing parliament, Finance Minister, Rachel Reeves said tax increases would raise an additional £40 billion ($52 million). Reeves also confirmed changes to fiscal rules that will allow the government to […]

UK’s Labour govt hikes taxes by £40bn in first budget
Tribune Online