Treasury officials push for bombshell tax hikes to pay for virus
Treasury officials are pushing for the largest tax rises in a generation to plug the gaping holes in the public finances, in a move being resisted by Downing Street, The Telegraph can disclose. The proposed quintuple whammy of tax increases would enable the Exchequer to raise at least £20 billion a year, and some could be introduced as early as in the Budget. While no decisions have been made, multiple sources have told this newspaper that proposals under active consideration include align
Read more »