Could the Budget help turn Generation Z into generation debt?
2 days ago Share Save Ben Chu Policy and analysis correspondent, BBC Verify Share Save
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Chancellor Rachel Reeves' upcoming Budget is expected to justify tax increases as a vital measure to keep the UK's national debt under control. Some have argued keeping the national debt down protects the financial interests of younger people. That's because if the country's debt went up drastically, it is younger people who would have to foot the bill to pay for the interest on it. And it would be taken directly from their payslips through higher taxes.
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