Published 3 months ago

Jeremy Hunt’s tax cuts likely to be reversed after the election, warns IFS

Reducing the debt-to-GDP ratio will be extremely challenging for the next government, more so than in any parliament since the 1950s.
The combination of high spending on debt interest, weak economic growth, and public service struggles will make debt reduction difficult.
Higher borrowing costs, commitments to reduce debt, and limited financial flexibility will hinder the next government's ability to fund public services.

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BBC News

Tax cut promises may need to be rolled back - IFS think tank

Tax cuts pledges in election campaigns may have to be rolled back amid economic issues, a report warns.

3 months ago·United Kingdom

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The Guardian

Labour and Tories need to be honest about economic trade-offs, says IFS

Thinktank calls on parties to ‘level’ with voters about difficult tax and spending decisions before next election

3 months ago·London, United Kingdom

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The Independent

Hunt’s tax cut pledges likely to be reversed after election, IFS warns

The IFS think tank said high debt costs cannot be ignored and that the next governement faces a “miserable” outlook

3 months ago·London, United Kingdom

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Daily Express

Next PM to endure the 'bleakest financial backdrops since the 1950s'

The Institute for Fiscal Studies called on party leaders to be honest about the scale of spending cuts or tax rises ahead.

3 months ago·United Kingdom

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Shropshire Star

Next UK government faces biggest debt challenge since 1950s – report

Sluggish economic growth and high national debt will leave the next UK government facing one of the bleakest fiscal challenges since the 1950s, experts have warned.

3 months ago·Ketley, United Kingdom

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