From tax hikes to 'levelling up': Rishi Sunak faces budget grilling by MPs
by Richard Partington Economics correspondent from on (#5F23Z)
Treasury committee hopes to pin down chancellor on investment, the environment, NHS and universal credit
Rishi Sunak will face questions from MPs on the influential Commons Treasury committee this week over his spend now, pay later budget plan to combine emergency Covid support schemes with the biggest tax rises since 1993.
The chancellor outlined tax rises on companies and middle-income workers to pay for an extra 65bn of financial support to see the UK through the pandemic, bringing total government spending on the crisis to more than 400bn.
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