Several Conservative backbenchers argue that focus must be on supporting a continued economic recovery
The chancellor, Rishi Sunak, has been urged not to introduce tax hikes in his November budget by Conservative backbenchers who argue they would damage economic recovery.
The intervention followed speculation the Treasury could raise £20bn through extra levies to deal with the fallout from Covid-19.
Related: Rishi Sunak urges diners to keep supporting eateries after Covid subsidy ends
Related: UK treasury minister calls for return to work to help economy recover from coronavirus
Continue reading…Several Conservative backbenchers argue that focus must be on supporting a continued economic recoveryThe chancellor, Rishi Sunak, has been urged not to introduce tax hikes in his November budget by Conservative backbenchers who argue they would damage economic recovery.The intervention followed speculation the Treasury could raise £20bn through extra levies to deal with the fallout from Covid-19. Related: Rishi Sunak urges diners to keep supporting eateries after Covid subsidy ends Related: UK treasury minister calls for return to work to help economy recover from coronavirus Continue reading…