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Is cutting UK taxes ahead of a general election affordable or not? An economist explains

By Abhishek Kumar, Lecturer in Banking and Finance, University of Southampton

A Conservative government considering tax cuts a few months ahead of an expected general election may not sound very surprising. Tax cuts are understandably popular – especially when household incomes have been squeezed by high inflation and rising interest rates.

But can the British economy afford them? Recent figures on UK borrowing led some analysts to suggest…

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