The prime minister said that he had no “plan” to give British citizens higher raises. However, he cited the epidemic and the conflict in Ukraine as instances of unforeseen world events.
That would compel him to alter his strategy. The October Budget increased taxes by £40 billion, with a £25 billion rise in employer national insurance payments accounting for the majority of the increase.
“We made really difficult decisions in the Budget, and we did them early, and we stabilized the economy,” the prime minister said.
That was difficult, and I don’t want to imply that we will return for more since that isn’t the intention, He went on:
“I can’t tell you that there aren’t any unanticipated future events that won’t result in any changes at all.