No new taxes needed

Posted on 08 Mar 2022
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Boom removes need for tax hikes An analysis by Oxford Economics of the Bank of England’s upgraded forecasts indicates that Rishi Sunak will have £20bn more than expected to play with. Andrew Goodwin, chief UK economist at Oxford Economics, said: “The prospect of better growth has given him more flexibility. Tax hikes should be off the table, certainly no new tax hikes.”

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