Inflation gives the Chancellor room to help those struggling


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Matthew Lesh comments for City AM

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Emily Carver writes for Conservative Home

Julian Jessop comments for The Telegraph

Julian Jessop, IEA Economics Fellow, has commented in The Telegraph on why high inflation and the subsequent increase in tax revenue will allow the Chancellor to help those struggling with the rising cost of living.

“Higher cash incomes and prices mean that households and businesses are still paying more in taxes than anticipated”

“This will give the Chancellor more room to help low-income families struggling with the cost of living without the need for additional increases in tax rates.”

Read the full article here.


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