How Rachel Reeves can break Britain's tax-and-spend doom loop' as Budget looms

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"Ms Reeves has already fuelled expectations of higher taxes by refusing to commit to maintaining Labour's manifesto promises not to hike income tax, national insurance, or VAT. The TBI insists that any such measures must be accompanied by bold, growth-boosting, pro-business reforms. These, it argues, are essential to "break Britain's tax-and-spend doom loop" and allow the government to roll back the tax rises as the economy improves."

Independent covers issues from reproductive rights and climate change to Big Tech, investigating topics such as Elon Musk's pro-Trump PAC and producing documentaries like 'The A Word' about American women fighting for reproductive rights. The outlet forgoes paywalls and solicits donations to fund on-the-ground journalism and balanced reporting. The Tony Blair Institute urges that any significant tax increases proposed by Rachel Reeves must be temporary and paired with growth-boosting, pro-business reforms to restore business confidence. The TBI calls for moving beyond initial governmental caution, bringing businesses back onside, and recommending a six-month qualifying period for unfair dismissal protection rather than day-one protection.

Read at www.independent.co.uk