Tax Rise 'Will Be Inevitable'

Daily MailJune 21, 2005

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Summary


TAX rises of 3p in the pound were forecast last night after an alarming surge in Government borrowing.

City experts warned that increases totalling Pounds 10billion a year are now 'inevitable' after the worst official monthly figures since comparable records began in April 1993.

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Extract


Tax Rise 'Will Be Inevitable'

The news raises a question mark over the Chancellor's election promise that no further increases were needed to pay for his sp...

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