Rishi Sunak today delivered a fresh hint that taxes will be increased in the future to pay for the coronavirus crisis after it emerged public sector debt surged by more than £300billion since the start of April last year. Office for National Statistics data released this morning showed that some £316.4billion has been added to … Read more
Rishi Sunak today delivered a fresh hint that taxes will be increased in the future to pay for the coronavirus crisis after it emerged public sector debt surged by more than £300billion since the start of April last year. Office for National Statistics data released this morning showed that some £316.4billion has been added to … Read more
The UK’s debt pile is already hitting £2trillion with worse to come as the Government faces borrowing nearly £300billion this year amid coronavirus chaos, according to new official estimates. The OBR’s latest ‘scenario’ for the crisis says the economy will shrink 35 per cent in this quarter – more than predicted by the Bank of England … Read more