Chancellor Rishi Sunak will need to make a series of tough choices this Autumn, the Resolution Foundation think tank has said.
A new report by the foundation set out five difficult decisions the Treasury will need to balance, despite predictions he could have as much as £25bn extra to spend, according to the latest financial forecasts.
The Resolution Foundation said the chancellor will need to decide which taxes to raise to pay for adult social care – although a uplift in National Insurance (NI) is widely expected this week.
A 1% rise in NI will provide £13bn – although experts claim both the NHS and adult social are will require £10bn each to resolve the issues they face.
Want full article access?
Receive The MJ magazine each week and gain access to all the content on this website with a subscription.
Full website content includes additional, exclusive commentary and analysis on the issues affecting local government.
Already a subscriber? Login
