Chancellor Rishi Sunak will need to make a series of tough choices this Autumn, the Resolution Foundation think tank has said.
A new report by the foundation set out five difficult decisions the Treasury will need to balance, despite predictions he could have as much as £25bn extra to spend, according to the latest financial forecasts.
The Resolution Foundation said the chancellor will need to decide which taxes to raise to pay for adult social care – although a uplift in National Insurance (NI) is widely expected this week.
A 1% rise in NI will provide £13bn – although experts claim both the NHS and adult social are will require £10bn each to resolve the issues they face.
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