Labour Party leader Sir Keir Starmer will address Britain this week, demanding a decade in power against the backdrop of massive tax hikes in order to fuel wanton spending on failing public services and pay rises for unions. The news comes as America’s Democratic Party also plans crippling tax rises if they take the U.S. Congress and the White House in the November elections.
Chancellor Rachel Reeves is anticipated to announce tax increases, including a new sales tax that will be applied to private school fees from January 2025. Possible hikes to inheritance tax, capital gains tax, and business rates are on the table as Reeves prepares her first budget.
The government has committed to several union pay deals, including a 22 percent increase for junior doctors over two years and nearly 15 percent over three years for train drivers.
Starmer will set expectations that significant national transformation will not be complete by the next general election, projected for summer 2029. He previously spoke of a “decade of national renewal,” aiming for two terms in office.
Shadow Home Secretary James Cleverly criticized Labour’s economic management, accusing the party of making false promises during the election and making questionable claims about the economy’s state. He labeled the tax increases a betrayal of the British public to appease union paymasters.
