Rachel Reeves will need to find more than £40bn of tax rises or spending cuts in the autumn budget to meet her fiscal rules, the National Institute of Economic and Social Research (NIESR) has warned.
Sky’s Gurpreet Narwan explains in more detail what options the chancellor has to prevent taxes from rising.
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Read more: https://news.sky.com/story/chancellor-warned-substantial-tax-rises-needed-as-she-faces-impossible-trilemma-13407544
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