UK on track for 300-year tax high, shows CPS analysis

3 Nov 2024

Following Rachel Reeves’ Budget on Wednesday, a new report from the Centre for Policy Studies shows that state spending will sit at an astonishing £1.5 trillion by 2029/30 Labour is also choking off growth, with the Office for Budget Responsibility (OBR) predicting another five years of mediocre growth and squeezed living standards. Instead of topping... View Article The post UK on track for 300-year tax high, shows CPS analysis appeared first on The Centre for Policy Studies.

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emma@cps.org.uk

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