Five decades of tax rises ahead
The government’s budget watchdog, the Office for Budget Responsibility, says more tax rises are not only on the way but are expected for the next 50 years.
The government’s budget watchdog, the Office for Budget Responsibility, says more tax rises are not only on the way but are expected for the next 50 years.
The government’s borrowing requirements for 2020/21 could be five times as high as initial projections as Covid-19 measures bite.