UK Finance Chief Warns Pandemic Could Force Tax Increases

Law360 (October 6, 2020, 8:56 PM EDT) -- Britain faces the possibility of tax increases to help pay the cost of the COVID-19 pandemic and to enable the government to fulfill its responsibility of balancing budgets for future generations, the U.K.'s top financial official said.

Chancellor of the Exchequer Rishi Sunak told an online conference of his Conservative Party on Monday that the government can't "simply borrow our way out of any hole" and that "hard choices" lie ahead for the country.

Sunak suggested the British public would buy the government's reasons for tax increases, given the scale of public spending this year and that U.K. leaders would have...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!


Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!