The budget was on Wednesday, and now after we’ve had time to look at it all, several studies in many papers say MILLIONS of us will be left worse off in the coming months due to rising taxes and costs.
The outlook for living standards does not match chancellor Rishi Sunak’s claim his Budget heralds ‘a new age of optimism’, according to the well respected Institute for Fiscal Studies.
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Its director Paul Johnson said: ‘High inflation, rising taxes and poor growth, still undermined more by Brexit than by Covid, will see real living standards for many falling dramatically over the next year.’
Hear more news and showbiz from me, Tina Calder, on Belfast 247 every day and catch my show Interesting People every Friday from 9am – 12pm