Budget 2021: IFS predicts ‘real pain’ for low-income households - short news
Thinktank’s verdict on Rishi Sunak’s budget says tax rises and inflation will mean falling living standards for many
Latest budget reaction – liveRishi Sunak’s decision to raise taxes on workers amid high levels of inflation will squeeze living standards next year, causing “real pain” for low-income households, the Institute for Fiscal Studies has warned.
Issuing its verdict after the chancellor’s budget on Wednesday, the UK’s leading tax and spending thinktank..
source: The Guardian - 28.10.2021