Fiscal Event Rachel forecast for November 26
Income tax rise not ruled out by Starmer in Budget clash with Badenoch
Sir Keir Starmer refused to rule out an increase in income tax at the Budget.
At Prime Minister’s Questions, he was asked by Tory leader Kemi Badenoch to confirm that the Government would stick to Labour’s manifesto not to raise the rates of income tax, National Insurance and VAT.
Sir Keir declined to make this commitment ahead of the Budget on November 26, saying governments did not do so ahead of such fiscal events
As far as I’m aware, when questioned on the forthcoming Budget, Sir Keir Starmer has not yet ruled out pinching even more of your money, otherwise known as a “fiscal event”. We should give names to these fiscal events as we do with storms.
Source: https://akhaart.blogspot.com/2025/10/fiscal-event-rachel-forecast-for.html
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