VAT warning: ‘Be prepared’ says finance guru as Labour to reveal ‘£20bn black hole’

GB News

Right

Mixed Factuality

VAT warning: ‘Be prepared’ says finance guru as Labour to reveal ‘£20bn black hole’

Investment manager Justin Urquhart-Stewart has told Britons to brace themselves for a VAT surge.He joined Tom Harwood on GB News to discuss reports that Chancellor Rachel Reeves is set to reveal a shortfall in public finances.Urquhart-Stewart told Britons to take this as a sign that their bills are set to surge.“You will see some slightly better growth figures next month”, he said.“But I’m afraid at the moment, be prepared. You’re going to have …