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The Latest Breaking News from Paul Johnson

Starmer and Reeves promised honesty about public finances. Can they stay the course?

Labour is being pulled one way by a desire to cut debt and the other by slumping poll ratings. With growth nowhere to be seen, tax rises loom

The Guardian - UK

Rachel Reeves to announce review of workplace pensions contributions — here’s what it could mean

The chancellor will use her Mansion House speech to announce the overhaul

The Independent UK

Rachel Reeves’s brave face cannot mask the challenges she now faces

The chancellor has come out fighting after her teary PMQs moment... but much tougher challenges now await

The Independent UK

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To all who think capitalism can drive progressive change, it won’t – and here’s the shocking proof

Asset manager Aberdeen’s surprise cut to funding research into inequality has left those that used its grants for good work reeling, says Guardian columnist Polly Toynbee

The Guardian - UK

Reeves expected to freeze income tax thresholds to raise funds after welfare U-turn

Government’s concessions over welfare cuts leave chancellor with a growing hole in her budget

The Guardian - UK

Starmer leaves door open for tax rises to fund rise in defence spending

IFS director Paul Johnson warns the £30bn increase in defence spending will need to be funded by tax rises

The Independent UK

There hasn’t been a ‘big chancellor’ since Osborne: IFS chief gives final mark

As he steps down after 14 years, Paul Johnson says politicians and voters refuse to accept economic tradeoffs

The Guardian - UK

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Demob-happy IFS director tears into Rachel Reeves’s spending review

Blistering analysis by outgoing chief concludes chancellor likely to end up ‘gnat’s whisker’ away from tax rises

The Guardian - UK

Tax hikes will come if economy shrinks any further, IFS warns Rachel Reeves

Institute for Fiscal Studies suggests Treasury is ‘making up the numbers’ as it warns council tax will rise at fastest rate in a generation

The Independent UK

Council tax bills set to rise at fastest rate for two decades, economist warns

Paul Johnson said council tax bills could rise by 5% a year following the Chancellor’s spending review

Evening Standard

Reeves promises £29bn-a-year for NHS but other Whitehall budgets face squeeze

Chancellor Rachel Reeves said the extra cash for England’s health service would create ‘an NHS fit for the future’.

Evening Standard

Reeves unveils record spending plans but experts warn of tax rises ahead

Chancellor announces £39bn boost for social housing, £29bn for NHS and £11bn for defence – and promises to close all asylum hotels as she takes a swipe at Farage and dismisses Tory warnings of a ‘cruel summer’ of tax rises

The Independent UK

More tax rises on the way 'if anything at all goes wrong' with Rachel Reeves economic plans, IFS warns

The Chancellor has very little economic cushion to deal with any unexpected events

Evening Standard

Defence secretary fails to rule out tax rises to fund defence spending uplift

While John Healey said he is ‘100 per cent confident’ the defence spending uplift would be achieved, he struggled to say how it would be paid for

The Independent UK

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Evening Standard

Starmer warned of need for ‘chunky tax rises’ to pay for new military spending

Prime Minister Sir Keir Starmer said he was ‘100% confident’ cash would be available for all plans laid out in the new strategic defence review.

Investors Business Daily

Inspirational Quotes: Paul Johnson, Roger Babson And Others

Read inspirational quotes about gaining knowledge, overcoming setbacks and finding true friends.

The Independent UK

Starmer ‘known around the world’ for cutting winter fuel payments for pensioners, top economist says

Labour’s winter fuel cuts have been blamed for the party’s disastrous local election performance

Fortune

‘Don’t fight the Oval Office’: Investors are finally taking Trump seriously, and it’s causing a volatility spike

Volatility has plagued stocks in recent months, and major indexes are down since Trump’s election in November.

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The Independent UK

Top economist urges Reeves to raise basic rate of income tax for first time in 50 years

Institute for Fiscal Studies boss Paul Johnson warned Donald Trump’s trade war is ‘badly buffeting’ the UK economy

The Guardian - UK

Downing Street says Trump’s tariffs signal ‘new era’ in global economics

Experts say UK may have to raise taxes in autumn as senior MPs caution against too many concessions in US trade talks

The Independent UK

Starmer says Government record shows ‘mindset’ opposed to tax rises

The Prime Minister said he would not ‘write future budgets’ ahead of time.

The Guardian - UK

Reeves could tax pensions and wealth if economy worsens, says IFS

Chancellor may have to reconsider pledge not to raise taxes in light of ‘risky and changing world’, thinktank says

The Independent UK

Reeves on a double knife edge as she could be forced to order ‘blockbuster’ tax rises, say experts

Critics said her future as chancellor is under threat as a result of errors she has made since taking charge of the economy last year

The Independent UK

Spring statement will lead to six months of ‘damaging speculation’, IFS warns

The Institute for Fiscal Studies said Rachel Reeves’ adherence to fiscal rules will lead to speculation about tax hikes in the autumn budget.

The Independent UK

Wealth tax almost impossible to implement, leading economist warns

‘No country in the world has ever successfully had a wealth tax’, IFS director Paul Johnson told The Independent

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People

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