Five years of stagnating living standards as inflation and taxes bite

Contributing sentiments towards policy:

55% : Britain's tax bill will hit an all-time high as a share of GDP The OBR's forecasts, published alongside the Budget, upgraded gross domestic product (GDP) for this year from 1 per cent to 1.5 per cent.
54% : That is because inflation will be higher than previously feared as well as thanks to the £26 billion tax raid announced by Rachel Reeves.
52% : Taxes as a share of GDP will reach an all-time high of 38 per cent.
48% : Britain faces five years of stagnating living standards as inflation and higher taxes bite, Budget forecasts reveal.
47% : And the watchdog said much of that is the result of Labour's welfare U-turns and net zero policies, which are on course to add £11 billion a year to the borrowing bill.

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