Tax rises will follow UK election unless fiscal rules are ripped up, says thinktank - short news
Niesr says current limits on government borrowing fail to stimulate growth and hinder net zero ambitions
The next government will be forced to hit voters with post-election tax rises and delay net zero investment unless it is prepared to rip up Treasury rules for managing the state finances, a leading thinktank has said.
The National Institute for Economic and Social Research (Niesr) called for a radical overhaul of the self-imposed constraints imposed on government borrowing..
source: The Guardian - 09.05.2024