Posted in News Tax rises ‘almost inevitable’ as IFS torches Rachel Reeves’ spending plans warning NHS and defence will need topping up and cost-cutting drive is ‘not serious’ June 12, 2025 IFS director Paul Johnson said he would be ‘very surprised indeed’ if heath and defence funding did not need topping up before the next election. https://www.dailymail.co.uk/news/article-14805513/IFS-torches-Rachel-Reeves-spending-plans-warning-NHS-defence-need-topping-cost-cutting-drive-not-leaving-tax-rises-inevitable.html?ns_mchannel=rss&ns_campaign=1490&ito=1490