Significant Pressure on UK Household Finances Anticipated with Jeremy Hunt’s Stealth Tax Raid
The Chancellor has set a tight fiscal rule to decrease debt-to-GDP within five years, leaving only a £6.5bn buffer, the smallest since at least 2010. However, the OECD forecasted an upgrade in the UK’s growth in 2023 while warning that the narrow margin could hinder the weak recovery. The OECD stated, “Significant risks surround the … Read more