A further tax raid in the autumn Budget could tilt the economy over the brink
Copy link
A further tax raid in the autumn Budget could tilt the economy over the brink
A further tax raid in the autumn Budget could tilt the economy over the brink
Copy link

The Government must cut public spending or it risks further damage to the private sector

The concern now is that in order to balance the books Rachel Reeves will raise taxes again

As the Office for Budget Responsibility is surely tired of pointing out, this is a country on an unsustainable economic course

Taxes can be ratcheted up only to a certain extent before revenues crash – we have reached that point

Chief executive says extra levies would hit bank’s capacity to invest and support customers

Higher government spending and weaker income tax receipts have led to economic shortfall