‘Rishi Sunak needs £40bn more a year from taxes’

Industry News | 13/10/20

The Treasury will need to raise £40 billion more a year from taxes in the aftermath of Covid-19, an influential think tank will say.

The Institute for Fiscal Studies will also rebuke Rishi Sunak for pledging to “balance the books” after the pandemic, telling him: “This will not happen and it would be most unwise to try.”

Source: The Times