Budget Fears: Tax Hikes vs Spending Cuts

Growing concerns over the upcoming budgets reliance on tax hikes, potentially causing economic instability and weakening the pound. Experts suggest significant spending cuts and smaller tax increases, with business leaders urging tough decisions for economic growth. If the budget fails to present a clear fiscal sustainability plan, a second mini-budget crisis may ensue.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.