The Rachel Reeves "Fun" Tax Cuts

Today, the chancellor Rachel Reeves has announced a series of measures aimed at reducing the costs for families in the summer holidays.

Ticket prices for families at various attractions such as theme parks, zoos and museums will be cheaper during the summer holidays through a cut to VAT, the chancellor has said. The government didn’t however announce any major package of support aimed at energy costs.

On Thursday it was also revealed that UK migration had dropped to 171,00 almost half of 2024’s figure. Adam, Chris, Joe Pike and Helen Miller from the Institute for Fiscal Studies discuss.

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