Tax rises in Autumn are now inevitable
Tax rises this Autumn now look inevitable after Labour’s welfare reforms collapsed. With markets rattled, Starmer forced into a U-turn, and Reform gaining ground, pressure is mounting ahead of the next Budget.
Tax rises this Autumn now look inevitable after Labour’s welfare reforms collapsed. With markets rattled, Starmer forced into a U-turn, and Reform gaining ground, pressure is mounting ahead of the next Budget.
The US strike on Iran’s nuclear sites marks a turning point, likely accelerating Tehran’s push for nuclear weapons while sidelining moderates and escalating regional tensions. As the UK faces rising threats from a growing Iran–Russia axis, its lack of military readiness is becoming a critical vulnerability.
Trump’s tariffs threaten UK exports in cars and pharma, but a weakening dollar and trade deal prospects offer a potential boost for UK industry.
The UK economy contracts 0.3% amid job cuts and tax hikes. High earners are leaving, companies are downsizing, and urgent reform is needed to avoid deeper decline.