IFS urges Chancellor to explain how he will pay for tax cuts as Budget nears
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 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".
"It wasn’t a gamechanger because I don’t think the game can be changed", one Tory MP is reported to have said.
Two-thirds of Brits think Sunak and Hunt’s actions have contributed towards difficulties facing the economy in the first place.
Concern that the British public may have been misled on the fundamentals of the autumn statement has started to grow.
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© 2019 thelondoneconomic.com - TLE, International House, 24 Holborn Viaduct, London EC1A 2BN. All Rights Reserved.
© 2019 thelondoneconomic.com - TLE, International House, 24 Holborn Viaduct, London EC1A 2BN. All Rights Reserved.