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LABOUR appears to be considering raises to employers’ National Insurance and a loosening of Treasury fiscal rules in the forthcoming Budget.
Premier Sir Keir Starmer conspicuously declined to rule out either move at Prime Minister’s Questions when pressed by the Tories on his plans.
Lame-duck Tory leader Rishi Sunak pressed him on both National Insurance and methods of calculating debt, but Sir Keir dodged commitments as he struggles to square his pledges of no return to austerity, fiscal probity and the “black hole” in the public finances he claims to have inherited.
Meanwhile, incoming PM Andy Burnham dithers over who should be his Chancellor
Only an ambitious programme of state-led investment can restore growth and improve living standards, argues MICHAEL BURKE
