Topic updates
UK Tax Burden at a 70-Year High | Edexcel Economics Update
10th March 2025
In 2023/24, the UK government raised £1.1 trillion in tax revenue—equivalent to 40% of the UK's GDP, the highest level since the 1980s! But what does this mean for the UK economy? And how can you ace a 25-mark essay question on this topic? In this tutor2u video, we’ll break down the key economic concepts behind the UK's rising tax burden, exploring its impacts on consumer spending, employment, and long-term growth. We’ll also provide expert evaluation tips and a clear structure to help you write high-scoring essays for exams.
Geoff Riley
Geoff Riley FRSA has been teaching Economics for over thirty years. He has over twenty years experience as Head of Economics at leading schools. He writes extensively and is a contributor and presenter on CPD conferences in the UK and overseas.
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