Tax rises needed to plug £35bn hole in Budget, UK economists warn Healey
The Chancellor faces a choice of whether to 'tolerate' large real-terms cuts to public services or 'top up' spending by tens of billions of pounds, top think-tank says
inewsEvening Standard
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Tax rise threat to London in Chancellor John Healey's first Budget laid out by top economists
The Institute for Fiscal Studies warned of ‘chunky cuts’ to public services if Mr Healey does not raise taxes or cut benefits by up to £35 billion
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Tax rises needed to plug £35bn hole in Budget, UK economists warn Healey
The Chancellor faces a choice of whether to 'tolerate' large real-terms cuts to public services or 'top up' spending by tens of billions of pounds, top think-tank says
8.0 / 10 Partly supported