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24th Sep 2024 18:12UKDaily Monitor

  • A Chancellor scrabbling for tax revenue will likely turn to alcohol and tobacco duty hikes.
  • We expect Ms. Reeves to raise tobacco duty—by 4% above RPI inflation—and alcohol duty in December.
  • Our forecasts include a 10% private-school fee hike, split September 2024, January and September 2025.

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Keywords for: 26 September 2024 UK Monitor

independent macro research, Pantheon Macro, Pantheon Macroeconomics, independent research, ian shepherdson, economic intelligence