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As any economist worth their salt knows, companies are likely to offset the cost of tax hikes through smaller pay rises or higher prices for consumers – hurting the very workers Labour claims it wants to protect. Labour brands itself as the party of business. Yet not a single member of the Cabinet has ever run a successful private enterprise.
With inflation falling to its lowest since April 2021 and interest rate cuts on the horizon, the Government should be straining every sinew to supercharge the economy. Read More Labour could be forced to reopen asylum hotels as migrant numbers surge Her decision to abolish a Tory law banning illegal migrants from claiming asylum has seen a surge in small boat arrivals.
The EU initially denounced the Tory scheme as 'inhumane', but now Brussels is itself planning to build camps outside the bloc for failed asylum claimants.