IMF Issues Shock Alert: Could UK Retirees Bear the Tax Burden?
1. What the IMF is warning the UK about The IMF has in recent months issued several warnings and recommendations to the UK government (Rachel Reeves as Chancellor) concerning fiscal policy, taxes, public spending, pensions and the long‑term sustainability of the public finances. Key points: In short: the IMF is signalling that the UK cannot simply maintain current spending promises + tax freezes + generous indexing indefinitely without adjustments. 2. What pensioners in the UK currently face Here are the major …