End of austerity? Hammond 'would need £19 BILLION to keep Theresa May's cuts promise'



THERESA MAY’S promise to end austerity will only be possible if Chancellor Philip Hammond raises £19 billion from increased taxes, extra borrowing or exceeded growth, a new report from the Institute for Fiscal Studies has claimed. British taxpayers are being told such an increase by the Chancellor would be the equivalent of one penny on income tax, National Insurance and VAT to meet the Prime Minister’s previous pledge.
End of austerity? Hammond 'would need £19 BILLION to keep Theresa May's cuts promise' End of austerity? Hammond 'would need £19 BILLION to keep Theresa May's cuts promise' Reviewed by Melbal Business News And Directory on 16 October Rating: 5

No comments:

Trending News


About Business News And Directory

A Business news and business directory site offers access to the latest business news. It's also a business article directory publishing useful quality business articles.

Business news and business directory provides it's readers with the latest business news, articles and opinions on a wide variety of business and finance areas as well as politics. Learn more here »



Swissgolden United Kingdom Swissgolden Marketing Program
Powered by Blogger.