As the UK looks to ease its way out of lockdown and breathe life back into the economy, international law firm Bryan Cave Leighton Paisner (BCLP) has warned that tax changes targeting the wealthy may be brought in.
UK GDP fell by over 20 percent in April 2020 – the biggest fall since records began and the Office of Budget Responsibility predicts that the UK public sector net debt (PSND) in 2020/2021 will be 95.8 percent of GDP and that public sector net borrowing (PSNB) will be almost £300 billion.
During the COVID-19 lockdown, as well as spending more than £100 billion in measures to support the economy the UK gove...