OBR chief says higher tax is ‘not good’ for growth – or the government
Tuesday, 15 July 2025 ()
Chancellor Rachel Reeves risks harming the UK economy’s potential to grow by inflicting extra tax hikes on Brits, the fiscal watchdog has warned, adding that the government risks losing out on returns in the longer run. Rachel Reeves looks poised to raise taxes at this year’s Autumn Budget as leading City analysts believe the higher [...]
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