UK elections: tax and spending manifestos

Merriden Varrall looks at the taxation and spending plans of both of the major UK political parties ahead of the December 12 elections.

Both major UK parties this week revealed their tax/spending election plans. Interestingly, both have a social equity agenda, and are emphasising social spending. This suggests that both sides are aware of and responding to a sense of disenfranchisement in the UK, which is part of a broader global geopolitical trend.Jeremy Corbyn’s Labour party unveiled dramatic plans for the biggest increase in tax and spending in over 50 years. Corbyn’s team aims to provide free broadband, a 5% public sector...

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Authors: Merriden Varrall

Published Date: 28 November 2019