17 Jul 2018

OBR warns tax rises may be needed to fund national debt

Economics Correspondent

Amid the on-going chaos of Brexit, the government received some grim projections today about the long-term health of the public finances. The Office for Budget Responsibility said the outlook for the national debt was “unsustainable” and a series of tax rises could be needed to bring it back under control.  Our Economics Correspondent Helia Ebrahimi is here.