UK borrowing casts doubt on pre-election tax cut prospects


by BBC News

BBC News— Government borrowing for the year was £6.6bn higher than expected, according to new figures.

Americans for Tax Reforms—Biden: Tax cuts "are going to stay expired and dead forever if I'm re-elected.". Biden announces intention to break his $400k tax pledge Today President Biden said that if elected to a second term he will make sure the Trump tax cuts expire next year. The Trump tax cuts — the Tax Cuts and Jobs Act — successfully reduced taxes for all income groups. In contrast to the tax-hiking […]

dailym.ai—The UK can cut taxes AND increase defence spending, Rishi Sunak says as he insists the economy is strong enough. The Prime Minister dismissed claims from Labour that his dramatic pledge to spend an extra £75 billion on defence by the end of the decade was not fully funded.

TheJournal.ie—Rishi Sunak's Conservatives suffer huge losses in UK local elections and by-election. Labour also stole a Conservative seat in a by-election.