Britain’s meager savings are in Labour’s crosshairs

There is only a week to go before the almost inevitable transfer of power from the Conservatives to Labour, and yet it is difficult to know exactly what to expect from the new government.

However, one thing we can safely assume is that taxes will rise beyond what the Tories have already planned. Hardly anyone believes Sir Keir Starmer when he says he will not raise taxes beyond what is in the manifesto.

The proposed tax increases detailed are too small to make a significant difference, and certainly will not offset existing upward pressure on government spending - rising healthcare ...