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Institute for Public Policy Research
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IPPR is the UK’s leading progressive think tank.
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With low economic growth and a tax-raising Budget set to lean against demand, the Bank of England will have to do more of the heavy lifting to support the economy.
November 6, 2025 at 12:12 PM
As with the US Federal Reserve, the Bank should also have completely stopped active gilt sales. These sales are not needed to control inflation and currently place unwarranted pressure on UK borrowing costs and the taxpayer.
November 6, 2025 at 12:12 PM
This can make the tax system more efficient and mean that investing in the UK remains attractive.

But crucially, with the cost of living a key focus, the priority must be to increase revenue to launch a war on bills.
November 4, 2025 at 9:19 AM
It is crystal clear that taxes will likely have to increase at the autumn budget. There are ways to do this in a fair & pro-growth way.

The fair thing to do is to reform our dysfunctional tax system to make those with unfair advantages contribute more before asking ordinary households to chip in.
November 4, 2025 at 9:19 AM