Thinktank says UK could raise significant funds by tackling some of the longstanding ‘inefficiency and unfairness’ in tax systemRachel Reeves must avoid “a half-baked dash for revenue” or risk damaging economic growth as the chancellor seeks to close a large gap in next month’s budget, the Institute for Fiscal Studies has said.The tax and spending thinktank has warned there was a danger the chancellor would create “unnecessary economic damage” if she chooses to stitch together unrelated tax-raising measures to cut the shortfall in government revenues and keep within her fiscal rules. Continue reading...
Tuesday 14 October 2025
theguardian - 23 hours ago
IFS warns Rachel Reeves against ‘half-baked dash for revenue’
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