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Burnham predicted to raise taxes for ‘fundamental’ cost of living support

cityam.com · 14h · first reportShare

Andy Burnham will struggle to deliver “fundamental” cost of living support without raising taxes, economists have warned, after a spike in government bond yields in recent weeks. Higher than expected government borrowing in July has deepened problems for the UK’s public finances, narrowing the range of extra cost of living measures that could be adopted [...]