Budget: Little room for more spending, says IFS
Despite recent tax rises, there is limited scope to spend more on public services, says the IFS. …
“Rishi Sunak, a Conservative chancellor, is presiding over an increase in the tax burden to record levels in the UK and an increase in the size of the state (public spending as a fraction of national income) to levels not seen since the days of [Margaret] Thatcher,” said IFS director Paul Johnson.
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