In the UK, Prime Minister Rishi Sunak and Finance Minister Jeremy Hunt agreed that tough decisions should also be taken on tax increases.
In the meeting of Prime Minister Rishi Sunak and Finance Minister Jeremy Hunt yesterday, tax and spending plans, which are expected to be included in the economic statement to be made on November 17, were evaluated.
The UK government said on Monday, after a meeting between Prime Minister Sunak and Finance Minister Hunt, that all Britons will have to pay more taxes in the coming years to fix the UK’s financial black hole.
A statement from the British Treasury said it was “inevitable” for everyone to contribute more to rectify the “dazzling” gap in Britain’s public finances. “The Prime Minister and Chancellor agreed that tough decisions need to be made on tax increases as well as spending,” the statement said.