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Burnham Walks Back Suggestion Social Care Plan Needs Tax Hikes

Source: Bloomberg

Fiscal Policy & BudgetTax & TariffsElections & Domestic PoliticsHealthcare & Biotech

Prime Minister Andy Burnham said his proposed new British social care service would not require tax increases, reversing an indication made days earlier that additional levies would be needed. The policy shift creates uncertainty over how the service would be funded and may affect fiscal-policy expectations.

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