Public Finance ‘Black Hole’ Set to be Filled by Tax Rises
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Len Shackleton quoted in The Telegraph
Julian Jessop quoted in The Mirror
The article said:
“[Julian Jessop] suggested that the estimates for the size of the black hole ‘may be suspect’, but applauded the increased scrutiny of spending during each financial year.
“However, taking the figures at face value, the immediate savings identified will only reduce this year’s shortfall from £21.9 billion to £16.4 billion. This suggests that substantial tax rises in the autumn Budget will be needed to close the gap.”
Read the full article here.
Julian was also quoted in This Is Money, The Birmingham Mail, The Shropshire Star, The Daily Mail, LincsOnline, The Lancashire Times and The Northeast Post.