Labour's Potential Tax Cuts and Increased Fiscal Headroom =============== #1f8ccd83 ver:0.25 Labour's potential tax cuts of £16 billion could be funded by closing loopholes and making the tax system fairer, according to economists. The Conservative Party, on the other hand, promises £17 billion in tax cuts, while Reform UK's manifesto includes plans for tax cuts funded by reducing interest on Bank of England reserves. Nigel Farage's future plans remain uncertain, but he aims to position Reform UK as the opposition to both Labour and a weakened Conservative Party in the 2029 election. The general election is scheduled for July 4, 2024. #Labour #Conservatives #ReformUK #taxcuts #manifesto... #newstr #Labour #TaxCuts #FiscalHeadroom #ConservativeParty #ReformUk https://here.news/story/1f8ccd83?ver=0.25