The government must significantly increase taxes in order to cover the extensive increase in public expenses announced in today’s expenditure.

Robert Salter, a director of the company, warned that heading obligations such as the annual increase in the defense budget of £ 11 billion Sterling would probably require an increase in property tax of 1.5 pence if they are financed directly.

“In view of the size of the government’s planned expenditure, considerable tax increases will be inevitable in the coming months,” said Salter. “The increase in the defense budget alone corresponds to an increase in property tax of 1.5 pence by 1.5 pence.”

The expenditure check announced by Chancellor Rachel Reeves included a number of headline investments in defense, skills, infrastructure and living space. Among them was an increase of £ 1.2 billion for training and trainees who are supposed to support Labor’s promise to create 120,000 new specialists by 2030.

While the increase in financing is likely to be welcomed by companies, Salter has caused concerns about accessibility: “In many cases, this additional financing may not be able to achieve the organizations associated with the training in connection with the training tax, since many companies are unable to train on training.”

With regard to energy policy, Salter praised the government’s efforts to increase domestic energy capacity and to improve security, including investments in nuclear and carbon recording technologies. However, he warned of the risk that the costs and delays of the spiral costs and delays were.

“There is a real risk that the costs for these large facilities for the recording of core and carbon versions and the storage will be exceeded considerably and that the delivery deadlines are overlooked. This has happened in the past, and the government must ensure that the story does not repeat itself.”

Although the Chancellor was framed with regard to topics of economic growth and security, Blick Rothenberg emphasized a separation between this story and some of the recent government decisions – in particular the increase in the national insurance contributions of the employers at the beginning of this year.

Salter said: “While Rachel Reeves consistently spoke in her expenditure check on economic growth, economic security and the importance of these problems for employees, many measures that the government previously announced – like the increase in employer -nics – have actually strengthened unemployment.”

The remarks come under the growing pressure on the Chancellor to explain how the government will finance its long -term capital obligations without further increasing the tax burden for households and companies.

In view of the increase in credit expenses and debt interest on record levels, the tax policy decisions made in the coming months are likely to influence the credibility of Labor’s broader business programs – in particular before the next budget and any evaluations of the office rule of the office responsibility for the budget responsibility.