taxes
Government debt repayment ‘could rise to half’ of total taxes
Thursday 13 August 2026 12:01 am | Updated: Wednesday 12 August 2026 2:07 pm Government spending on debt is expected to spiral. Children and young people today could see nearly half of their taxes spent on servicing government debt, new modelling by a favoured Labour think tank has suggested. Research by the Institute for Public Policy […]
6 mins read
OBR warns higher taxes could hit growth ‘by more than expected’
Saturday 29 November 2025 2:12 pm Share Facebook Share on Facebook X Share on Twitter LinkedIn Share on LinkedIn WhatsApp Share on WhatsApp Email Share on Email Labour’s reliance on raising the tax burden has been questioned by the OBR. Chancellor Rachel Reeves has been warned that increasing the tax burden could leave the Office […]
5 mins read