Chancellor Rishi Sunak should consider a “moderate rise” in corporation tax in the upcoming Budget, according to a Conservative former Treasury minister.
Simon Clarke warned it would be “nothing short of immoral to mortgage our children and grandchildren’s futures to chance” as he urged for some fiscal consolidation measures to be announced on March 3.
Government stimulus projects will help areas across the UK but difficult decisions lie ahead to deal with the country’s “gravely damaged” public finances, Mr Clarke added.
Chancellor Rishi Sunak with Simon Clarke MP (left) during a visit to the Nexus Building at the University of Leeds (Danny Lawson/PA)
Norfolk patients offered Covid jab in Brighton | Eastern Daily Press
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Norfolk patients offered Covid jab in Brighton | Norwich Evening News
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Chancellor urged to consider corporation tax rise and public sector pay freeze
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Chancellor urged to consider corporation tax rise and public sector pay freeze
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