The Chancellor Jeremy Hunt has been urged against cutting taxes further, as it could risk the Government’s ability to invest in the National Health Service (NHS) and other vital services. The International Monetary Fund (IMF) has advised against tax cuts, warning the UK will see extra pressure to spend money on social care, education and healthcare. IMF chief economist Pierre-Olivier Gourinchas told a press conference today: “There is a need to put in place medium-term fiscal plans that will accommodate a very significant increase in spending pressures. “In the case of the UK, you might think …