When Keir Starmer and Rachel Reeves consider the funding gap between what they want a Labour government to achieve and the money available, there are billions of pounds in unjustified tax giveaways that could be cancelled to help reverse austerity.
Successive governments have put in place tax breaks to boost economic growth that in the worst examples have proved to be a fraudsters’ charter and, even in less scandalous circumstances, are undermined by a lack of evidence about whether they achieve their aims.
