Rishi Sunak’s readiness to raise taxes for the rich could cause problems for Labour | Chaminda Jayanetti
Keir Starmer will lose a chunk of revenue raisers – and spending capacity – if the chancellor steals Labour’s manifesto ideas
A month before Christmas, some are about to get the opposite of good cheer. For all the spin and chicanery that will doubtless surround Rishi Sunak’s spending review tomorrow, we can expect a straitjacket for most public services and staff, briefly obscured by some Santa Claus cosplay by way of small funding boosts for police, schools and hospitals. But much of the meat must wait for next year’s budget.
It seems that tax rises are coming in the new year. We don’t yet know what form they will take, but given the Tories’ repeated pledge not to raise VAT, income tax or national insurance, they appear likely to hit the better off. Most of the discussion of this has focused on internal Tory opposition – though realistically, Conservative MPs are not going to vote down their own government’s budget.
