Torsten Bell, the Chief Executive of the Resolution Foundation think tank, told Sky News he expects the Office for Budget Responsibility outlook to be "grim".
He said the tax rises are likely to focus on middle and higher earners, but the reductions in public services will hit those on low incomes.
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He said the tax rises are likely to focus on middle and higher earners, but the reductions in public services will hit those on low incomes.
#skynews #economy
SUBSCRIBE to our YouTube channel for more videos: http://www.youtube.com/skynews
Follow us on Twitter: https://twitter.com/skynews
Like us on Facebook: https://www.facebook.com/skynews
Follow us on Instagram: https://www.instagram.com/skynews
For more content go to http://news.sky.com and download our apps:
Apple: https://itunes.apple.com/gb/app/sky-news/id316391924?mt=8
Android https://play.google.com/store/apps/details?id=com.bskyb.skynews.android&hl=en_GB
Sky News videos are now available in Spanish here/Los video de Sky News están disponibles en español aquí https://www.youtube.com/channel/skynewsespanol
To enquire about licensing Sky News content, you can find more information here: https://news.sky.com/info/library-sales
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