The threat of higher taxes is already harming growth

The Chancellor, Rachel Reeves, had made no secret of her desire to make economic growth her top policy objective.   She reinforced the message this week in an interview with the Financial Times, using the mantra “invest, invest, invest!”.  Perhaps unwittingly, this carries echoes of Karl Mark’s memorable phrase in Das Kapital: “Accumulate, accumulate. That is Moses and the […]

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