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Poorest to benefit from Reeves’s spending but tax rises likely, says thinktank

Resolution Foundation says boost to public services is worth £1,700 by 2030 for lowest-income householdsBusiness live – latest updatesRachel Reeves’s multibillion-pound plan to repair public services will benefit Britain’s poorest households most but means tax rises are likely this autumn, according to a leading thinktank.The Resolution Foundation said the extra funding for hospitals, schools and the police announced by the chancellor would provide a valuable “benefit-in-kind” for households who would gain from the improvements. Continue reading...

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