Dossier
Treasury watchdog
Coverage of Treasury watchdog in the Nexus archive.
- Treasury watchdog alert for Labour on tax hikes to cover soaring spending: OBR warns 50m Brits - including minimum wage workers - could end up paying 40% rate
The Treasury watchdog warns Labour that tax hikes may be needed to fund increased spending, with the Office for Budget Responsibility (OBR) forecasting 50 million Brits, including minimum wage workers, could face a 40% tax rate. The alert highlights potential financial strain on a large segment of the population.
- Treasury watchdog says impact of Rachel Reeves' huge 'jobs tax' in first Budget was even worse than expected
The Treasury watchdog reported that the impact of Rachel Reeves' 'jobs tax' introduced in her first Budget was more severe than anticipated. The policy's effects were described as worse than initial projections.