Former Bank of England governor Mervyn King has advised Rachel Reeves to raise national insurance in her upcoming Budget to address an estimated £25bn deficit in meeting Labour’s spending commitments, warning against higher borrowing. Lord King emphasized the importance of simplicity and transparency, urging against tax system changes and suggesting a review of existing schemes. However, the Tories and the IFS have criticized the potential national insurance hike as a breach of manifesto promises, with Paul Johnson highlighting the need for honesty in addressing the country’s finances.
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Referendum Seasons: Why the schedule, quarterbacks add pressure to Dabo Swinney, James Franklin in 2025
Penn State and Clemson, ranked No. 2 and No. 4 respectively in the Preseason AP Poll, face a critical season that could define the tenures of coaches James Franklin and Dabo Swinney. Both teams have strong rosters and manageable schedules, making contention for the College Football Playoff essential, as failure to advance could signal the closing of their championship windows. Want More Context? 🔎
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