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Montevideo, May 1st 2024 - 05:48 UTC

Tag: National Institute of Economic and Social Research

  • Saturday, May 1st 2010 - 02:16 UTC

    Taxes in UK Must Rise Sharply Anticipates Think Tank

    Unemployment is likely to peak at 2.7 million in 2011 says Niesr

    Taxes in Britain must rise sharply over the next decade to bring down borrowing, according to the National Institute of Economic and Social Research (NIESR). In a report, the think tank said taxes would have to rise by the equivalent of 6p on the basic income tax rate to get the budget deficit below 3% by 2020.