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Burnham should go on a ‘cost of doing business’ tour
Tuesday 11 August 2026 5:41 am | Updated: Monday 10 August 2026 5:57 pm
Burnham should go on a ‘cost of doing business’ tour
By: Christian May
Editor-in-Chief
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Add as a preferred source on GoogleThere's a cost of doing business crisis in the UK (Pohle/The Times/PA Wire)
An alarming note from one of the City’s top economists warns that October’s Budget could see taxes rise by almost the same amount as they did last year when Rachel Reeves cooked up £26bn worth of fresh hikes. Ruth Gregory, Deputy Chief UK Economist at Capital Economics, suggests that higher taxes “perhaps worth up to 0.8 per cent of GDP may do the heavy lifting in funding Prime Minister Burnham’s policy ambitions.”........
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