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Evening Standard
Evening Standard
Politics
Rachael Burford

UK's productivity forecast to be downgraded sparking tax rise fears in Chancellor's upcoming Budget

Britain’s productivity forecast is expected to be downgraded sparking further fears of tax rises in the Chancellor’s upcoming budget.

Treasury officials are anticipating that the blackhole in the UK’s finances could amount to up to £30billion by the time Rachel Reeves lays out her economic plans on November 26.

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