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.
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