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Evening Standard
Evening Standard
World
David Bond and Nicholas Cecil

Autumn Statement reaction: Higher tax ‘here to stay’ as pain goes on

Higher taxes “look to be here to stay” and will not return to pre-Covid levels for decades, leading economists have warned.

In a stark assessment of Jeremy Hunt’s chilling Autumn Statement which set out plans for £24billion of tax rises, the Institute for Fiscal Studies braced Britons for even more pain after the next general election.

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