Tory leadership race: Tax cut pledges are unrealistic, says IFS

Slashing taxes would add to pressures on public finances unless spending is also cut, the IFS warns. …

In its report, the think tank predicted that high inflation could result in more public spending – adding £4bn to the benefits bill, while tens of billions of pounds may have to go to the likes of schools and hospitals, as their bills soar, to help maintain services.

Source

Leave a Reply

Your email address will not be published.