Chancellor tempers tax cut expectations as £800m tech package to free up public service workers' time announced
Sunday, 3 March 2024 Chancellor Jeremy Hunt has tempered expectations of tax cuts in Wednesday's budget as he announced an £800m package of technology reforms designed to free up time for frontline public sector workers.
There are many tax changes to consider when filing this year. Kathy Pickering, Chief Tax Officer for H&R Block, touches on some notable ones to look out for. First, the IRS updated tax brackets for inflation, and if your earnings stayed the same, you'll pay less in taxes this year, which means a...
Chancellor Jeremy Hunt has left No 11 with his family after Labour's landslide general election win. Report by Alibhaiz. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Jeremy Hunt has admitted the Conservative Party are the "underdogs" in the upcoming general election and that winning it "is going to be very tough". Speaking at the Times CEO Summit in London, the chancellor added that he spent his entire first week as Liz Truss' chancellor "unpicking" the former prime minister's mini-budget. Report by Brooksl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Jeremy Hunt says he is "fighting for every vote" in his South West Surrey constituency, which has a notional majority of more than 10,000. The chancellor says he thinks he can win the seat but that it is "on a knife edge". Report by Brooksl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Jeremy Hunt says the "difficult decisions" the Conservative Party has taken on the economy have "paid off", as inflation returns to the 2% target for the first time in almost three years. The chancellor adds, "that would not have happened under Labour" and that it would be a "terrible shame to turn the clock back" if Labour was to win the upcoming general election. Report by Brooksl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
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
AI Automation Could Displace 8 Million, Workers in the UK, Report Warns.
'The Guardian' reports that nearly 8 million jobs
in the United Kingdom could be lost in a potential
artificial intelligence..
Credit: Wibbitz Top Stories Duration: 01:30Published
Biden Forgives $6 Billion in Student Debt , for Public Service Workers.
On March 21, the Biden administration canceled nearly $6 billion in student loans for approximately 80,000 public service..
Credit: Wibbitz Top Stories Duration: 01:31Published
Chancellor Jeremy Hunt tells ITV’s Robert Peston plans to cut tax paid by workers from April is a “big, big over delivery”. In his announcement on Wednesday, the chancellor cut workers' National..