Rishi Sunak's fight to raise taxes to reform social care is nothing compared to financial battles ahead
- Written by Steve Schifferes, Honorary Research Fellow, City Political Economy Research Centre; Professor of Financial Journalism, 2009-2017, City, University of London
The UK government’s widely trailed announcement that it will increase national insurance taxes by more than one percentage point to fund reform of the social care system and help fund the NHS has triggered a fierce political debate. Many Conservatives are furious that it means breaking an electoral promise not to raise taxes, while other...