UK borrows more than expected as impact of Iran war takes toll
By Heather Stewart Economics editor

May figure of £23.3bn underlines challenge facing Andy Burnham if he ends up as Labour leader

https://www.theguardian.com/business/2026/jun/19/uk-borrows-more-than-expected-as-impact-of-iran-war-takes-toll

#Governmentborrowing #Taxandspending #Business #RachelReeves #OfficeforNationalStatistics #USIsraelwaronIran #Economics #UKnews #AndyBurnham #KeirStarmer #HeatherStewartEconomicseditor

UK borrows more than expected as impact of Iran war takes toll

May figure of £23.3bn underlines challenge facing Andy Burnham if he ends up as Labour leader

The Guardian
UK borrows more than expected as impact of Iran war takes toll

May figure of £23.3bn underlines challenge facing Andy Burnham if he ends up as Labour leader

The Guardian
‘Tax break tart’: hospitality tipped to exploit summer VAT cut on children’s meals

As bosses ridicule the chancellor’s scheme, one venue is offering a £25 ‘kids’ menu of snails and anchovy butter toast

The Guardian
The old ‘warfare v welfare’ arguments are back – but it’s Britain’s real duty to spend on both

Slashing benefits in favour of defence will make millions less, not more, safe, says Guardian columnist Frances Ryan

The Guardian
Britain ‘faces deindustrialisation’ without relief from high energy prices, survey warns

Make UK says manufacturers’ feedback shows sector at risk of collapse as it calls on Treasury to take action

The Guardian
Ministers could give billions raised by business rates to England’s regions

Exclusive: devolving tax is part of plans to give local areas more power in areas including justice, health and education

The Guardian

The case for Labour to introduce a wealth tax has never been stronger | Phillip Inman
By Phillip Inman

A 2% levy on fortunes above £100m – with no exemptions – could begin to reverse decades of rising inequality

https://www.theguardian.com/politics/2026/jun/13/labour-introduce-wealth-tax-case-never-been-stronger

#Taxandspending #Economicpolicy #Economics #Business #Thesuperrich #UKnews #Inequality #Politics #PhillipInman

The case for Labour to introduce a wealth tax has never been stronger

A 2% levy on fortunes above £100m – with no exemptions – could begin to reverse decades of rising inequality

The Guardian
Top chefs back Andy Burnham for prime minister to cut VAT on hospitality

Tom Kerridge says ‘whole of hospitality’ should get behind Burnham who has called for VAT cut from 20% to 10%

The Guardian
BA boss warns costly aviation taxes and rail tickets are stunting UK growth

UK lagging behind rivals on tourism growth because of travel costs and lack of joined-up planning, says CEO Sean Doyle

The Guardian
Orbán’s oligarchs on edge as Hungary poised to launch wealth tax

New PM Péter Magyar calls policy a sign of ‘social justice’ after years of political loyalty being rewarded with economic opportunity

The Guardian