MAY WON’T RAISE

But UK prime min­is­ter does not rule out other ma­jor tax in­creases

New Straits Times - - Business -

LON­DON ma­jor­ity be­fore Bri­tain quits the Euro­pean Union (EU), May has been un­der pres­sure to look be­yond Brexit and de­tail her ap­proach to tax and spend poli­cies.

Speak­ing in her first tele­vi­sion in­ter­views of the elec­tion cam­paign, May said her party had no plans to raise the over­all tax level and that she would not raise VAT, a form of con­sump­tion tax that

BLOOMBERG PIC

A union rep­re­sent­ing 1,200 air main­te­nance work­ers at United Par­cel Ser­vice is ask­ing the com­pany to main­tain the cur­rent health plan of air me­chan­ics.

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