Rachel Reeves and Sir Keir Starmer say they can balance the national books without imposing even heavier taxes or cutting public spending: through growth. If that is to go beyond mere wishful thinking, they will need to put rocket fuel under the industries where the UK excels. These include the video games industry, which does not receive the attention it deserves. This is quite possibly because many politicians are to be found at the Royal Opera House or the theatre, rather than hunched over a console like some of England's sub-octane footballers. ...read
Ruth Sunderland for the Daily Mail's recent articles
Beware the 'conspiracy of silence', Labour will tax the middle class, says RUTH SUNDERLAND
If elected, Labour will almost certainly bring in additional hefty tax rises in its first budget. The Labour manifesto says nothing overt about wealth taxes. But it is an idea that is gaining currency in liberal/Left circles. The revenue-raising plans that are mentioned in the Labour manifesto - aimed at non-doms, private schools and private equity barons - point clearly in that direction. While it is all very well for Labour's class warriors to set out to punish the rich, this is a mere softening-up exercise for a full-blown assault on the middle classes. ...read
Why economists are worried about the baby bust: RUTH SUNDERLAND
To an economist, children used to be an income-producing asset, but now they have turned into an expensive luxury item. No wonder they call it the dismal science. Babies, or the lack of them, are becoming something of an obsession in economic circles. In the UK, fewer babies coupled with increased longevity means a shrinking working age population and an ugly fiscal picture, with bigger tax bills to fund healthcare and pensions. Governments will be under pressure to borrow more, which is a tax on the future. ...read
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