Higher taxes expected in next UK budget to pay for COVID spending

Alice Jones

July 10 2020

Sunak cuts fuel duty, but avoids the bigger picture

Tax increases are anticipated in the UK autumn budget to recoup COVID-19 expenses after the Chancellor of the Exchequer used his economic statement to announce more costly measures to support the struggling economy.

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Alice Jones

Commercial Editor ITR

Alice is an editor of commercial content across Euromoney brands including International Tax Review (ITR), Managing IP (MIP), and International Financial Law Review (IFLR). She joined the commercial team in March 2022 after working as a journalist for ITR.

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