Tax burden to hit highest level for 30 years

The UK's tax burden is set to rise to its highest level for over thirty years, despite the longest and deepest cut in public service spending. That's according to the think tank, the Institute for Fiscal Studies. It says the austerity regime of tax rises and spending cuts will continue into the 2020s - after the Chancellor scrapped a target of balancing the books by 2019. Share Radio's Olivia Demetriades spoke to Carl Emmerson, Deputy Director of the IFS.