Tax hikes will come if economy shrinks any further, IFS warns Reeves
- Posted on June 12, 2025
- By The Independent
- 1 Views

Tax hikes will come if economy shrinks any further, IFS warns Reeves

Institute for Fiscal Studies scathingly suggests Treasury is ‘making up the numbers’ as it warns council tax will rise at fastest rate in a generation and the government does not deny many more could pay higher income tax rate