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flag UK tax burden may hit record highs, threatening economic growth, OBR warns.

flag The UK's Office for Budget Responsibility (OBR) has warned that the country's tax burden is rising to levels not seen before, posing a risk to economic growth. flag The forecast indicates taxes as a share of national income could reach record highs, driven by increased government spending and fiscal policy decisions. flag The OBR cautioned that sustained high taxation may dampen investment and consumer spending, potentially slowing economic expansion.

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