UK Think Tank Urges Chancellor to Raise Middle-Earner Taxes to Fund Higher Defence Spending Ambitions
The Resolution Foundation urges Chancellor Healey to raise taxes on middle earners to fund significantly higher UK defence spending.
Key points
- Resolution Foundation says UK must raise middle-earner taxes to fund significantly higher defence spending
- BAE Systems, Rolls-Royce, and QinetiQ are direct beneficiaries if MoD procurement budgets rise
- UK autumn budget and NATO 2% GDP target are the key watchpoints for this fiscal debate
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🇬🇧 United Kingdom Stocks Regulatory defense macro europe bonds