Spring Statement: Watch out for income tax hikes in the autumn

Spring Statement: Watch out for income tax hikes in the autumn

City A.M.

Published

The Spring Statement has done little to reassure markets about the Chancellor’s commitment to fiscal discipline, says Aviva’s Vasileios Gkionakis The UK government on Wednesday announced cuts in government spending to rebuild ‘fiscal headroom’ after rising government borrowing costs and anaemic economic growth badly damaged its finances. Chancellor Rachel Reeves says the mix of cuts [...]

Full Article