UK Wealth Taxes Risk Growth

New analysis suggests that proposals to increase wealth taxes by contenders for the next UK prime minister could generate little extra revenue and potentially harm economic growth.

This comes as the UK faces a challenging economic outlook and debates over fiscal policy.

Labour has been warned against regulating flexible jobs out of existence, as millions rely on them for childcare or studying.

Additionally, proposals to introduce a 22% charge on interest earned from stocks and shares ISAs could further impact households, raising concerns about the broader economic strategy.