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9min chapter
Tax driver: Labour’s budget
The Intelligence from The Economist
Labour's Budget: A Shift in Taxation and Spending
This chapter analyzes Labour's recent budget, focusing on significant tax increases and borrowing strategies aimed at funding public services. It critiques the lack of innovative reforms and questions the efficiency of spending, particularly in the NHS. The discussion highlights the challenges posed by increased taxation and borrowing, comparing Labour's approach to traditional models in America and Europe.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode