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UK Industry Urges Tax Cuts, Government Faces Spending Hike, Labour Warns of Dodgy Data, Government Considers Tax Cuts
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UK industry calls on Chancellor Hunt to cut business taxes and implement measures to boost growth. Next UK government forced to raise taxes to a new postwar high due to increasing public spending. Labour warned about the tyranny of dodgy data in economic forecasting. UK government considering tax cuts to win back lost Tory voters. UK credit assessors raise outlook on the UK to stable.
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How can the government ensure the accuracy of economic forecasting?
How might cutting business taxes impact the UK economy?
What are the potential consequences of the tax hike on individuals and businesses?
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