"Although there is still an option for Chancellor Rishi Sunak to either cut public spending or raise taxes to pay for the support he has provided during the Covid-19 pandemic, it is becoming more and more certain he will opt for tax rises.

This is not a traditionally Conservative way of raising funds, it was made clear by Boris Johnson at last year’s election and Sunak’s action at the time of the Budget in March that austerity in the UK was over and a more expansive form of Capitalism will be this Governments watchword.

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