To lower the cost of defence and transport spending, the UK Government is considering reducing tax reliefs, particularly on pensions and inheritance tax, as suggested by tax experts.
Even before recent tariff announcements, the spring statement felt like a stopgap. If the government is serious about increasing defence spending or supporting struggling departments, it will either have to raise taxes or bend the rules.
Badenoch raised her eyebrows after she claimed the Prime Minister "accepted my advice" on the defence increase, to which Starmer responded she wasn't considered in his thoughts.