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Prime minister signals tax rises coming as he warns of 'painful' budget

Sky News Tuesday, 27 August 2024
The October budget will be "painful", Sir Keir Starmer has said, giving the biggest hint yet of tax rises.
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News video: IFS reacts as Starmer warns of 'painful' autumn Budget

IFS reacts as Starmer warns of 'painful' autumn Budget 01:08

Director of the Institute for Fiscal Studies Paul Johnson said neither party was being honest in the election about raising taxes after Keir Starmer warned autumn's Budget would be "painful." "They've said they won't increase income tax, national insurance, VAT or corporation tax. Three-quarters of...

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