Article 65R6F Autumn statement: which tax rises and spending cuts are most likely?

Autumn statement: which tax rises and spending cuts are most likely?

by
Peter Walker and Phillip Inman
from World news | The Guardian on (#65R6F)

The potential impact of the chancellor's various options and which ones we think he will pursue

When he was chancellor, Rishi Sunak's Treasury would routinely leak many elements of his budgets in advance, and there has been a similar wealth of informed speculation about how, as prime minister, he can fill the estimated 60bn gap in the UK's public finances in next week's autumn statement.

With much fiscal misery expected, there is a benefit for Sunak and his chancellor, Jeremy Hunt, in floating possible options to gauge the reaction - and it is likely that some ideas mentioned in newspapers never make the cut. But here are some of the ideas on the table, in terms of tax rises and spending cuts, and the likelihood of them being implemented.

Continue reading...
External Content
Source RSS or Atom Feed
Feed Location http://feeds.theguardian.com/theguardian/world/rss
Feed Title World news | The Guardian
Feed Link https://www.theguardian.com/world
Feed Copyright Guardian News and Media Limited or its affiliated companies. All rights reserved. 2024
Reply 0 comments