Treasury watchdog alert for Labour on tax hikes to cover soaring spending: OBR warns 50m Brits - including minimum wage workers - could end up paying 40% rate
- Posted on July 7, 2026
- By Daily Mail
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- 1 min read
Treasury watchdog alert for Labour on tax hikes to cover soaring spending: OBR warns 50m Brits - including minimum wage workers - could end up paying 40% rate
The stark scenario has been raised by the Treasury's OBR watchdog, in an assessment of the long-term 'fiscal risks' facing the country.
