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UK Government must raise taxes to cover multi-billion gap, think tank claims

Author
Newstalk ZB,
Publish Date
Wed, 6 Aug 2025, 8:32pm
Photo / Darren Staples, pool, AFP
Photo / Darren Staples, pool, AFP

UK Government must raise taxes to cover multi-billion gap, think tank claims

Author
Newstalk ZB,
Publish Date
Wed, 6 Aug 2025, 8:32pm

Taxes must rise in the coming months in order to reach financial targets, according to one UK-based economic think tank.

The National Institute of Economic and Social Research recommends 'a moderate but sustained increase in taxes' to cover a £41.2 billion gap.

UK correspondent Gavin Grey explains further.

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