▲ | youngtaff 5 hours ago | |
> It isn't hard to objectively gauge. The annual tax revenue shortfall is running at nearly £10bn this year, this is despite a high levels of earnings growth due to Labour agreeing to huge pay increases for the public sector. They weren’t huge pay rises they were in line with inflation Much of the issue with government finances relates to Hunt introducing NI cuts that weren’t affordable, the Tories giving billions to the mates during Covid, reduced GBP from Brexit and a huge hangover from the financial crisis where the public as still paying for the bankers failures |