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Rishi Sunak hints tax rises could be on the way to deal with Coronavirus fallout
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mirror.co.ukThe Chancellor has hinted that tax rises could be on the way to help deal with the economic fall-out from the coronavirus crisis.
Rishi Sunak told MPs there were “tough choices ahead” for the UK economy as he took action to balance the books over the “medium term”.
The Government has spent £190bn on its response to the pandemic so far with a further economic stimulus expected in the Budget this autumn.
The Office for Budget Responsibility has warned that the Chancellor would need to put up taxes to bring public spending back under control.
Read more on mirror.co.uk
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