Rishi Sunak’s summer economic update contained another boost for the economy, some of it in the form of temporary tax cuts. But the scale of the government’s interventions, and a record budget deficit this year, means that speculation will soon shift to if and when the chancellor will need to introduce tax hikes to pay for the crisis.
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Rishi Sunak’s summer economic update contained another boost for the economy, some of it in the form of temporary tax cuts. But the scale of the government’s interventions, and a record budget deficit this year, means that speculation will soon shift to if and when the chancellor will need to introduce tax hikes to pay for the crisis.
If you are not a subscriber, subscribe now to read this content.
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