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7 Jan 2022

Warning ‘stealth tax’ will leave average family hundreds of pounds worse off a year

Senior Political Correspondent

It’s known as the ‘Big Squeeze’ – soaring energy and fuel prices, tax hikes, and wages that don’t keep pace.

New research commissioned by the Liberal Democrats says another “stealth tax” will leave the average family hundreds of pounds worse off a year.

The chancellor insists although the poorest people will be protected – all the extra government spending during the pandemic has to come from somewhere.