Hunt to announce 2p national insurance cut in pre-election Budget
The Chancellor defied calls for a reduction in income tax amid deteriorating forecasts for the public finances.
The Chancellor defied calls for a reduction in income tax amid deteriorating forecasts for the public finances.
Dame Priti said the move would ‘give businesses a real boost’.
Well, this is far from a ringing endorsement for Jeremy Hunt, who is set to deliver the official Budget next week.
Jeremy Hunt is understood to be considering a further squeeze on already tight spending plans in order to pay for more tax cuts.
Jeremy Hunt offered parents at his children’s school the opportunity to have afternoon tea in Parliament, during a fundraising drive.
The UK economy entered a technical recession at the end of 2023 after a worse-than-expected 0.3 per cent contraction in the fourth quarter.
The body’s chief economist said: ‘We would advise against further discretionary tax cuts as envisioned and discussed now.’
If the Tories cared to look, they’d realise most people want them to prioritise the latter.
The Lib Dems have called it the "last throw of the dice by a flailing Conservative government".
TheLondonEconomic.com – Open, accessible and accountable news, sport, culture and lifestyle.
Read more
We do not charge or put articles behind a paywall. If you can, please show your appreciation for our free content by donating whatever you think is fair to help keep TLE growing and support real, independent, investigative journalism.
Editorial enquiries, please contact: [email protected]
Commercial enquiries, please contact: [email protected]
© The London Economic Newspaper Limited t/a TLE thelondoneconomic.com - All Rights Reserved. Privacy
© The London Economic Newspaper Limited t/a TLE thelondoneconomic.com - All Rights Reserved. Privacy
© The London Economic Newspaper Limited t/a TLE thelondoneconomic.com - All Rights Reserved. Privacy