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John Healey under pressure to raise taxes or cut UK spending as fiscal headroom shrinks. No mention of the £59bn not collected by HMRC last year Profit shifting to dodge taxes Tax anomalies - e.g. capital gains & dividends taxed at lower rates than wages. Capital welfare programs. archive.ph/glmbd
John Healey under pressure to raise taxes or cut UK spending as fiscal headroom shrinksUS-Iran war and new spending commitments threaten to cut buffer to as little as £7bn, economists estimatewww.ft.com