Tax Hikes Loom: UK's Fiscal Crisis Deepens

Markets & Money Today | 2 Min News | The Daily News Now! - A podcast by The Daily News Now! - Thursdays

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Is Britain heading for higher income taxes? The Institute of Directors is urging the Chancellor to do just that, in a stunning reversal. With public finances in crisis and spending cuts failing, tax hikes may be the only way out. Economists predict tax increases are coming in November, despite election promises. Business leaders are frustrated, demanding an honest conversation and a bold reset to restore trust in the UK economy. Brace yourself: the upcoming Budget could be a game-changer. Hosted on Acast. See acast.com/privacy for more information.

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