CIOT and IFS Labour Conference Debate in Liverpool: Can Tax Help Tackle The Cost Of Living Crisis?

Prices are soaring. The Government has put an Energy Price Guarantee in place but are tax cuts needed too to help strained household finances? Or should we be looking at tax rises to help pay for other forms of support? Is cutting taxes to boost economic growth part of the answer? If so, which tax changes will work best? And how might they affect inflation and the Bank of England’s interest rate decisions?

Our panel of experts at the Labour Party conference held a discussion of these crucial and topical questions:

• James Murray MP, Shadow Financial Secretary to the Treasury
• Paul Johnson, Director, Institute for Fiscal Studies
• Chris Giles, Economics Editor, Financial Times
• Chair: Susan Ball, President, CIOT