10 Jun 2024

‘No party is being honest with the public’ – economics commentator

Ideas to raise money in tax without breaking pledges have also been in the spotlight today.

Sir Keir Starmer wouldn’t deny that Labour was considering a hike in capital gains tax, while Reform UK reckons it could raise over thirty five billion by scrapping the interest paid to banks by the Bank of England.

Chris Giles is an economics commentator for the Financial Times, who suggested a version of that plan a few days ago!