Maggie and Sid’s (kid’s etc) clever trick when the denationalised everything in the ‘80s was to offload the gold-plated BT/British Rail/British Airways etc pension schemes to the shiny, new private companies. All closed now, of course to new employees, but as we saw with British Steel, a major financial noose around the neck of even the most giant of companies. Perhaps, like the Gove and Johnson Brexit gang, they’re assuming they won’t win and so will cross that bridge only if they have to…
“Rachel Reeves may be forced to raise taxes”
Why did she/they (in the old sense) think that tinkering around with IHT and CGT would be enough to sort out the NHS; and the potholes; and…and the list goes on. My guess is that they asked the Treasury for a list of anything not involving income tax that they could get away with lightly, although they should already have learned from the winter fuel stuff that all publicity is not good publicity.