Britain faces another tax hike due to a £4billion black hole in Rishi Sunak’s Budget spending plans, an influential think tank warned today. The Institute for Fiscal Studies said the shortfall for the 2022−23 financial year went ‘entirely unmentioned’ in the Chancellor’s speech to the Commons on March 3. If the spending plan is followed … Read more
Rishi Sunak will vow unleash his ‘fiscal firepower’ to rescue Britain’s coronavirus-ravaged economy when he delivers his Budget tomorrow. The Chancellor is set to launch a three-pronged economic plan to breathe new life into UK plc after one of the most disastrous years in history. But his bid to protect jobs and livelihoods while putting … Read more
ALEX BRUMMER: Japan turns on the taps with a £732bn fiscal package to shore up demand By Alex Brummer for the Daily Mail Published: 22:57 BST, 7 April 2020 | Updated: 22:57 BST, 7 April 2020 When it comes to loading up the big guns, Japan is market leader. Prime Minister Shinzo Abe is unsheathing … Read more