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Healey warned only tax hikes may cover spending 'erosion'
NIESR researchers warned that Healey is poised to raise taxes further to fund defence and cost of living pledges.
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independent.co.uk
Burnham warned he will have to raise taxes or cut spending to fund his pledges
Leading economic think tank warns there is ‘no capacity’ to borrow more with inflation set to go higher than expected, growth set to plummet and a massive squeeze on spending
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Burnham warned ‘no scope’ for extra borrowing to fund cost-of-living support
The National Institute of Economic and Social Research said the new Government will be squeezed by more persistent inflation.
