Macro Finance
Britain Tests the Limits With Plan to Tax Its Way Out of Debt
Bloomberg Markets·October 30, 2026·1 min read
Britain has been praised by the IMF for the boldest deficit-reduction plan among G-7 nations, but its choice to rely entirely on higher taxes is raising concerns. Economists warn Chancellor John Healey is pushing the boundaries of feasibility, as the tax burden reaches record levels and growth risks mount.
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