Tomorrow, Sunday, the Tory conference starts, discussing needed measures like cutting services to cut taxes.
After a government-funded think tank said Thursday that taxes are too high, Jeremy Hunt says this Saturday UK must break out of tax rise 'vicious circle'
Submitted 1 year ago by 0x815@feddit.de to unitedkingdom@feddit.uk
https://www.bbc.com/news/uk-politics-66968371
autotldr@lemmings.world [bot] 1 year ago
This is the best summary I could come up with:
Chancellor Jeremy Hunt has said he wants to stop the “vicious circle of ever-rising taxes” by reforming public services and the benefits system.
More than 30 MPs, including Liz Truss and Dame Priti Patel, have ruled out voting for any plans that result in higher overall taxes.
He pointed to the role of artificial intelligence and efforts to reduce the clerical workload of public sector staff as ways to increase efficiency in services.
Mr Hunt has already effectively ruled out tax cuts in the Autumn Statement, which is due in November, telling LBC radio earlier this month that it would be “virtually impossible”.
The report by the Institute for Fiscal Studies (IFS) said tax levels in the UK were higher now than at any point since records began 70 years ago.
It calculated this Parliament was on course to have presided over the biggest set of rises since World War Two, with taxes forecast to be up by 37% by the time of the next general election.
The original article contains 465 words, the summary contains 167 words. Saved 64%. I’m a bot and I’m open source!