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World

Are tax hikes on the horizon?

27 March 2025

11:30 PM

27 March 2025

11:30 PM

Tax rises are almost certainly coming, Britain’s leading fiscal think tank has said. Those taxes are most likely to fall on pensioners and the wealthy, according to Paul Johnson, director of the Institute for Fiscal Studies (IFS).

‘There is a good chance that economic and fiscal forecasts will deteriorate significantly between now and an autumn Budget.

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