Nicola Sturgeon has ruled out raising the additional (“top”) rate of tax to 50p, using similar arguments to those of George Osborne. But is she right to do so? A leading economist is suitably sceptical…but not that hostile.
George Osborne’s eighth Budget is unravelling as each day passes. Here a leading Stirling Uni economist suggests it’s his direction of travel that’s wrong. Time to relax the fiscal rule and invest for the future.