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Evening Standard
Evening Standard
Politics
Nicholas Cecil

Taxes to rise higher AGAIN in next few years and wage increases hit, warn IFS economists after Reeves Budget

Budget IFS National Insurance OBR Rachel Reeves the Institute for Fiscal Studies Insurance Jeremy Hunt Paul Johnson

Taxes will probably rise again in the new few years as wage increases are hit, leading economists warned the day after the Budget.

The Institute for Fiscal Studies also stressed that household income growth would be the worst in history during this Parliament, apart from the previous five years.

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