PM set to hike taxes across the board to repair nation's finances after Liz Truss's disastrous mini-budget Rishi Sunak is preparing years of tax rises for Britain in an effort to make up for a £50bn fiscal hole left by Liz Truss's disastrous tenure in Downing Street, according to a Treasury insider. After a meeting between the prime minister and Jeremy Hunt on Monday to plan the upcoming autumn statement, a Treasury source said things were going to get "rough".
Rishi Sunak preparing years of tax rises to plug £50bn fiscal black hole
The Guardian - 1 Nov 2022 01:59
PM set to hike taxes across the board to repair nation's finances after Liz Truss's disastrous mini-budget Rishi Sunak is preparing years of tax rises for Britain in an effort to make up for a £50bn fiscal hole left by Liz Truss's disastrous tenure in Downing Street, according to a Treasury insider. After a meeting between the prime minister and Jeremy Hunt on Monday to plan the upcoming autumn statement, a Treasury source said things were going to get "rough".
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