UK Tax Policy Outlook: Challenges and Controversies
IFS report forecasts record tax levels by 2024, driven by increased government spending. Debate ensues over tax cuts amid rising national debt and economic challenges.
Bank of England Leaves Interest Rate at 5.25%
The Bank of England has maintained the interest rate at 5.25%, citing minimal inflation drop and the need for restrictive monetary policy. Experts warn of potential harm to economic growth and the challenges for high-debt companies.
