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The Latest Breaking News from Helen Miller

Britain’s economic growth to be weakest in a century outside of pandemic and WWII, think tank warns

The UK’s top two economic think tanks – the Resolution Foundation and the Institute for Fiscal Studies – have issued dire warnings over economic growth and borrowing a day after Rachel Reeves delivered her spring statement

The Independent UK

UK faces tax hikes or cuts to public services in bid to hit defence spending target, IFS warns

IFS director Helen Miller said: ‘The takeaway is that we should not expect the Government to be able to meaningfully increase what we spend on defence’

The Independent UK

Starmer forced to deny breaking Labour manifesto as experts sound dire warning over Budget plans

Damning assessment came as chancellor and prime minister forced to defend plans and insist they did not breach manifesto promises

The Independent UK

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Budget tax rises may be ‘fiscal fiction’ as pain delayed for election year, IFS warns

Labour MPs welcome scrapping of two-child benefit cap but worry about hefty future tax increases on constituents

The Guardian - UK

Welcome to the half-real, half-fantasy world that is ‘the day after the budget’

This is the day when politicians and amateur commentators talk more doggybollox than on any other day of the year

The Guardian - UK

Reeves should be more ambitious on tax reform to boost economic growth – IFS

The Institute for Fiscal Studies’ director Helen Miller called on the Chancellor to be more ambitious about measures to boost growth.

The Independent UK

Reeves faces Budget ‘groundhog day’ without bold action, says IFS

The think tank said it expects the Chancellor will need to find at least £22 billion next month.

Evening Standard

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‘Tinkering around edges’ at Budget risks another year of economic pain, IFS warns Reeves

Chancellor must take ‘bold action’ to avoid ‘limping from one forecast to the next’

The Independent UK

Reeves urged to overhaul tax system and hike levies in breach of manifesto

Tax experts said the fiscal backdrop to the Chancellor’s November Budget is ‘desperate’.

Evening Standard

Rachel Reeves set to bet the house on economic growth by loosening mortgage rules

The chancellor is set to rip up many of the rules brought in after the 2008 financial crash to encourage investors and businesses to take risks again and open up the housing market to thousands more first-time buyers

The Independent UK

No 10 says Starmer backs Reeves after Chancellor’s tears in Commons

Downing Street said the Prime Minister supported his Chancellor after Sir Keir Starmer declined to commit to her future in the Commons.

Evening Standard

Welfare bill climbdown will have ‘a cost’ at budget, says senior minister

Pat McFadden says U-turn will change calculations, as IFS says tax rises in autumn look increasingly likely

The Guardian - UK

Welfare U-turn raises questions over Labour’s tax plans

Sir Keir Starmer will face a grilling from MPs on Wednesday as he attempts to repair relations with his backbenchers.

Evening Standard

Rachel Reeves must think big to fund Labour’s ‘battle-ready’ Britain. Tweaks and tinkering won’t do

The whole tax and spending ship is an unseaworthy rustbucket. This spending review is a chance to fix it, says Guardian columnist Polly Toynbee

The Guardian - UK

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Evening Standard

Budget 2024: Chancellor Rachel Reeves gambles billions on RED with tax and borrowing rises to rebuild Britain

She has defended the drastic action so the Government can ‘invest, invest, invest’ in the UK

The Independent UK

Rishi Sunak tax cuts won’t ease burden, economists warn, as national insurance rate drops

The Institute for Fiscal Studies says personal taxes are rising despite much-hyped Tory tax cuts

Daily Record

Wishaw care home celebrates victory thanks to new football activity

Fit-Baw is a gentler form of football designed to keep residents healthy and happy as they socialise and exercise together

People

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Resolution Foundation

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The Resolution Foundation

the Institute for Fiscal Studies

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Institute for Fiscal Studies

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