Ahead of next month's Budget, unions that support Labour are set to meet with John Healey to advocate for raising tax thresholds, which have been frozen since 2021. They argue that this freeze disproportionately affects lower-income workers, who are paying higher taxes than necessary. Other proposals include increased taxes on large tech companies to fund public sector investments and green energy initiatives.
Union leaders, including those from Unison and GMB, are also calling for a shift in the taxation balance from income to wealth. They emphasize the need for immediate action to support working-class individuals and stimulate the economy, particularly in the construction sector, where delays are impacting job creation and resource utilization.