Call it a defence levy or even a patriot tax – but Labour is going to have to raise taxes, fast | Gaby Hinsliff

Call it a defence levy or even a patriot tax – but Labour is going to have to raise taxes, fast | Gaby Hinsliff

Labour, Budget, Politics, UK news, Rachel Reeves, Keir Starmer, Tax and spending Business | The Guardian

​The world has shifted and defence spending has to rise. But time is running out for the government to make a case for itFive years ago this weekend, life as we knew it was suspended overnight. Though with hindsight it seems amazing that it took Britain so long to lock down in the face of a gathering pandemic, at the time the pace of events felt dizzyingly fast.It took a still-young government time to realise its manifesto was toast; that it would be forced into decisions either it or the public hated, which would nonetheless beat the alternative. The new chancellor, Rishi Sunak, was visibly reluctant to rip up a budget whose ink was barely dry and instead spend billions paying people not to go to work. Yet ironically, it is furlough for which history may remember him most kindly.Gaby Hinsliff is a Guardian columnist Continue reading… 

The world has shifted and defence spending has to rise. But time is running out for the government to make a case for it

Five years ago this weekend, life as we knew it was suspended overnight. Though with hindsight it seems amazing that it took Britain so long to lock down in the face of a gathering pandemic, at the time the pace of events felt dizzyingly fast.

It took a still-young government time to realise its manifesto was toast; that it would be forced into decisions either it or the public hated, which would nonetheless beat the alternative. The new chancellor, Rishi Sunak, was visibly reluctant to rip up a budget whose ink was barely dry and instead spend billions paying people not to go to work. Yet ironically, it is furlough for which history may remember him most kindly.

Gaby Hinsliff is a Guardian columnist

Continue reading… 

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