Taxes to raise ‘two years’ because of thanks

British face two years of modest growing “as high tax under the work takes their money, the report said.

With the latest beat of Rachel Reeves before the budget in November, KPMG said that he expected 1,2 percent this year and 1,1 percent in 2026.

The next year’s number will make a certain alarm, given an office for 1,9 percent burden on March.

The decrease in this future budget will set additional issues in Chancellor strategies as facing the black lunch of money, estimated anywhere between £ 20billion and $ 50billion and $ 50billion.

JAEL SELFIN, High Economy in Kpmg UK, said: ‘While the economy shows tolerance at the beginning of the year, the second half seems to be more definable. Higher Tax Leases, Weakness of Earth and Consumer Consumers may have been reduced to 2026. ‘

He added: ‘Government is facing a difficult measuring action. Rising pressures for health care and defense, combined with weak growth, says difficult financial decisions. ‘

The Chancellor was in the past week and closely to build a ‘COMIC ECONOMIC LOOP’ for taxing instead of financing, with his budget scheme.

He announced £ 40billion of taxes in his first budget in October. But since then, the economy has a lack of shortage, unemployment is robbed at 4,7 percent, and doubles are doubled in 3.8 percent of the improved economic team.

The KPMG expects a decrease in the number of 2 Cent to be late in 2026, which is 4 percent in the highest autumn. The report says that ‘local service settings remain stubborn’ as the National Confrance National Insurance CESEARS issuing prices.

It also reports that the work market will ‘deteriorate 2025 and 2026’ for the lack of jobs rise from its current estimate to 4.9 percent the following year.

But while many audience expected the bank has decided the interest rates and this year, KPMG believes that one reduction in Christmas.

That will be welcomed by the prospects of cheap financial liabilities and businesses that take the loan.

‘Without inflation, the Bank is expected to reduce interest rates and in 2025, which bring about 3.75 percent of the year end,’ said KPMG. ‘The more extra depreciation is considered 2026, takes a lower level of 3.25 percent.’