GP practices and care homes could be forced to close under Labour’s new tax plans, health leaders claim.
Health leaders have warned Labour’s plans to raise £25 billion by taxing employers could “fatally undermine” their mission to fix the NHS, with elderly Brits to “bear the brunt” of the cost.The NHS is exempt from the tax rises unveiled in Rachel Reeves’ autumn budget, but care homes, GPs and pharmacies are run as private businesses and so will have to pay the 1.2 per cent increase in employer National Insurance.
The Budget increased state spending by almost £70 billion per year - a little over 2% of gross domestic product - funded by increased taxes and borrowing.The scale of extra borrowing - around £32 billion a year on average - saw yields on government bonds increase as the market responded to the Chancellor's plans.
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
'Whole sorry saga' after £60 parking permit charges reviewedThe Labour-led council faces backlash from Labour councillors over the issue
Read more »
'We're exhausted. How do they expect us to do it when there's not enough staff?''Exhausted' care workers at two care homes could strike for months
Read more »
Anthony Yarde drops opponent with first punch but labours to uninspiring decision win...Watch what would happen if Canelo Alvarez vs Artur Beterbiev fought each other in new simulation.
Read more »
Brendan Rodgers labours under Messiah complex and could learn from former pupilThe Hoops manager could have borrowed something from his opposite number in Dingwall when facing Dortmund
Read more »
Care centre respite rooms can help Whitchurch hospitalBradbury Care Centre has opened four rooms to provide respite care for residents.
Read more »
'No plans' to fine patients for missing NHS appointments minister insists - as Streeting tables plans to...Labours' care minister has insisted the government has 'no plans' to introduce fines for missed NHS appointments, despite claims Wes Streeting is tabling the idea.
Read more »