Brits warned of tax rises whoever wins the general election on 4 July as top think tank hits out at...

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The Institute for Fiscal Studies hit out at a 'conspiracy of silence' among the UK's political parties over the need for tax hikes, spending cuts, or increased borrowing.

Brits have been warned they could be hammered with tax rises after 4 July whoever wins the general election.

He said the Labour and Tory manifestos offered no clue as to the choice party leaders Rishi Sunak or Sir Keir Starmer might make. Speaking at a manifesto analysis briefing in Westminster this morning, Mr Johnson said taxes are at the 'highest level ever' in the UK yet public services are struggling. 'Add in low growth and the after-effects of the pandemic and the energy price crisis and you've got a pretty toxic mix for the public finances.

Mr Johnson said both Labour and the Conservatives are committed to ensuring that debt is falling in five years time, adding it 'really constrains' them.

 

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