IMF Warns Britain Is Running Out of Tax Capacity as Labour’s Spending Strategy Comes Under Fire

The International Monetary Fund has delivered a stark warning over the state of Britain’s public finances, cautioning that the country is rapidly running out of room for further tax rises after Labour pushed the burden on households and businesses towards record levels. In a damaging intervention for Chancellor Rachel Reeves, the IMF said the UK … Continue reading IMF Warns Britain Is Running Out of Tax Capacity as Labour’s Spending Strategy Comes Under Fire