The Independent focuses on important issues like reproductive rights, climate change, and financial transparency in politics. It emphasizes the role of donations in supporting journalism that represents diverse viewpoints. Keir Starmer is facing pressure to address a significant financial shortfall while refusing to rule out tax increases. Experts have indicated that either raising taxes or revising borrowing guidelines is necessary to address the economic deficit. The National Institute of Economic and Social Research has suggested that spending cuts may also be considered in future budgeting to manage finances.
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Keir Starmer has refused to rule out tax rises in autumn as he faces growing pressure to fill a 50bn shortfall in the government's finances.
Leading economists have warned Rachel Reeves that she must raise taxes or tear up her flagship borrowing rules to fill a 50bn black hole left by a combination of Labour U-turns.
The National Institute of Economic and Social Research (NIESR) said the chancellor could also look at spending cuts in the autumn Budget as a way to raise the necessary funds.
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