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Forecast of extra annual costs will be fiscal dilemma for next prime minister juggling tax and spending
Britain’s most vulnerable households will need more help with soaring fuel bills
UK faces protracted recession and biggest squeeze on living standards in 60 years
Favourite to be next UK prime minister criticises Treasury’s failure to avert economic crisis
Industry groups call on government to intervene before increase linked to inflation sinks companies
New ‘UK Reach’ regime has pitted ministers against a broad swath of manufacturing
Without holding the Red Wall seats, the party has no chance of a fifth election victory
HMRC figures show a 50% increase in people paying at least 40% in 2022-23 compared with 2019-20
FT analysis shows negligible impact on a slump that began after 2016 Brexit referendum
Rishi Sunak’s support for households is welcome, but windfall taxes are a bad policy
Most economists disagree with chancellor but have offered varied views on precise impact on price trends
Plus, what pains Conservatives about the government’s U-turn, and a football dilemma
Dismayed sector warns ‘multiyear’ assault on profits will ‘drive away investors’ and cut production
Chancellor’s actions deliver hot inflationary potato straight into the lap of the Bank of England.
Chancellor’s measures expected to top £10bn and will target the most vulnerable
The Treasury may resist but Conservative MPs are increasing their demands to restore the uplift to universal credit
Chancellor’s promise to CBI designed to boost investment ahead of sharp rise in corporation tax next year
Economists say strong tax receipts give the chancellor more scope to address cost of living crisis
I need one to help pay for his day-to-day personal expenses
But Rishi Sunak’s fiscal illusions are not the right response to a series of external shocks
The effects of rising prices will make the chancellor’s claims to be cutting levies ring hollow
The UK government should begin to explore what replacements to fuel duty would look like
This government has not thought about the fairest way to share the pain as a cost of living crisis looms
Higher inflation and frozen income tax thresholds undermine attempts to cut tax
The economy is expected to grow, but the hit to our pockets will be as big as in the worst recessions
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