It’s more bad news for those hoping for economic growth. A new report from Liz Truss’ Growth Commission reveals that the upcoming Autumn Budget could create a staggering £84 billion “black hole” in public finances. Proposed tax raids on capital gains, inheritance, national insurance, and several other areas are set to see the UK’s GDP growth per capita drop by an alarming 8.8% by 2030. Leaving every person in the UK £3,788 poorer than they would be without Labour’s heavy-handed approach…

While Rachel Reeves points to her own “black hole”—currently *checks notes* at £40 billion—as justification for these tax raids, she’s creating a much larger problem for herself. The proposed tax increases would likely overshadow the modest economic boost expected from Labour’s planning reforms, which are projected to add just 0.8% to GDP per capita by 2030. Reeves has been warned…