How cuts to marginal income tax could boost the UK’s stagnant economic growth

By Dawid Trzeciakiewicz, Lecturer in Economics, Loughborough University
Richard McManus, Director of Research Development/Reader in Macroeconomic Policy, Canterbury Christ Church University

The British prime minister recently claimed the UK economy has “turned a corner”. Rishi Sunak said inflation figures were encouraging, and proclaimed that 2024 would be the year Britain “bounces back”.

According to his chancellor, Jeremy Hunt, the latest GDP figures show the government’s plan is working. And it’s true that inflation is at its lowest rate…

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