Rachel Reeves must raise taxes to cover £41bn gap, says think tank
Sir Keir Starmer defended the government's handling of the economy but failed to answer a question about taxes.
Taxes must rise in the autumn if Chancellor Rachel Reeves is to meet her self-imposed borrowing rules, according to an economic think tank.
The government was on track to miss the target it has set itself by £41.2bn, according to the National Institute of Economic and Social Research (Niesr).
It recommended "a moderate but sustained increase in taxes" including reform of the council tax system to make up the shortfall.
Prime Minister Sir Keir Starmer defended the government's handling of the economy, but did not explicitly answer a question about whether taxes would rise in the upcoming Budget.
Failing Labour government with their failing policies just keeps on raising taxes. It's reckoned they'll be going after income tax next. More job losses, greater unemployment, a greater lack of investment, and the economy continuing to hemorrhage.