'I don't yet know' if govt can cut taxes again after NI reduction, Hunt says
Saturday, 6 January 2024 Chancellor Jeremy Hunt is unsure if the government can afford further tax cuts - as a National Insurance (NI) reduction comes into force today.
Reacting to the fall in inflation to 2.3%, Labour’s Rachel Reeves says it “not the time for a victory lap and popping champagne corks” as “working families and pensioners are still worse off”. The shadow chancellor insists her party is "much more ambitious for the country than Rishi Sunak and Jeremy Hunt seem to be". Report by Blairm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Shadow science secretary Peter Kyle has insisted every one of Labour's policies will be “fully costed and fully funded” after Chancellor Jeremy Hunt accused Labour of resorting to "playground politics".
Report by Ajagbef. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Chancellor of the Exchequer Jeremy Hunt accused Labour of using “playground politics” to distract debate from the "biggest divide in British politics” as he gave a speech about tax cuts in central London on Friday.
Report by Ajagbef. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Jeremy Hunt has said it is "encouraging" that ONS figures show the UK economy has grown by 0.6% between January and March. The chancellor argues that Labour is the party "gaslighting" the public by saying everything is "going wrong with the British economy" and that the latest statistics show Britain's longer term prospects are "significant". Report by Brooksl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Chancellor Jeremy Hunt has welcomed the Bank of England's decision to leave interest rates unchanged, adding he would rather it didn't rush into a decision it'd later have to backtrack on. Report by Alibhaiz. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Chancellor Jeremy Hunt has welcomed the cut to National Insurance by visiting a Morrison's store to meet its employees.
He reiterated the government's aspiration to reduce even more of the tax when it was 'responsible' to do so. Report by Alibhaiz. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn