Oh dear, Rachel Reeves. £300 million short already, and it’s only been a few months since your much-vaunted tax raid began. The OBR’s verdict is in: despite hammering businesses and workers with a £25 billion National Insurance hike, the Treasury still ended up borrowing more than expected in May. Who could have predicted this? Well… … Continue reading Rachel Reeves’s Tax Raid Backfires Spectacularly – and We All Saw It Coming