Month: July 2024

Whoever wins the next general election will face extremely tough choices on taxation and spending. As the independent Institute of Fiscal Studies has pointed out, both Labour and the Conservatives have ruled out changes to the big four revenue-raisers, income tax, national insurance, VAT and corporation tax. And, while both parties have made relatively modest
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Joe Biden has said he “nearly fell asleep” during last week’s first presidential debate and put his poor performance down to travel exhaustion after going “around the world a couple of times” shortly before it. The US president, 81, said he “wasn’t very smart” for having travelled extensively in the weeks leading up to the
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