Andy Burnham won’t commit to keeping Labour’s manifesto promises on tax and has opened the door to new tax rises if he becomes PM, according to Bloomberg's Wickham
Japanese Finance Minister Katayama says ready to take decisive action on FX
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Andy Burnham won’t commit to keeping Labour’s manifesto promises on tax and has opened the door to new tax rises if he becomes PM, according to Bloomberg's Wickham
Samsung (005930 KS) and South Korean Union have yet to bridge the gap in one issue, but there is a chance they could reach an agreement
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- His decision to back the current fiscal rules wins him a reprieve from markets, but it limits his options to fund policies like council house-building. It raises the prospect of tax hikes.
- Asked by Bloomberg if he is committed to Labour’s election manifesto pledges not to raise income tax, national insurance, VAT or corporation tax, his campaign declined to say so. They also didn’t rule out new taxes on wealth.
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