Excessive furlough extension could ‘choke off’ growth, IFS says
Tax rises look ‘more likely than ever’ in future years as the Government’s spending splurge amid the pandemic rolls on, the Institute for Fiscal Studies has warned. The IFS said Chancellor Rishi Sunak is likely to need to raise an additional £60billion via taxes over the coming years. But, with Britain’s economy facing an ‘extraordinarily’ … Read more