UK should resist tax cuts without detailing spending pain, IFS says ...Middle East

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UK should resist tax cuts without detailing spending pain, IFS says
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British finance minister Jeremy Hunt should not announce further pre-election tax cuts in his budget next week unless he can explain the painful spending cuts needed to pay for them, a leading economic think tank said on Tuesday. Hunt and Prime Minister Rishi Sunak have said they want to lower Britain's tax burden - which is on course to hit its highest since World War Two - and many lawmakers in the ruling Conservative Party are demanding action in the March 6 budget with the opposition Labour Party running ahead in opinion polls.

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