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UK faces strained finances after election
UK faces strained finances after election

Britain will see little difference on public spending whichever of the country's main parties wins next month's general election, with state coffers strained largely by huge Covid expenditure. According to Sopher, whichever party wins power, "tax is going to go up" to fund public services.

UK Conservatives' 14 years of economic unrest
UK Conservatives' 14 years of economic unrest

Britain's Conservatives are expected to lose the July 4 general election in large part because of economic turmoil from Brexit, high taxation and a budget that exacerbated a cost-of-living crisis. It also sent interest rates soaring, ramping up costs for homeowners seeking to refinance -- and exacerbating the cost-of-living crunch.