Hunt had little room for manoeuvre in Budget, IFS says
Video Credit: ODN - Duration: 00:26s - Published
Hunt had little room for manoeuvre in Budget, IFS says
The Director of the Institute for Fiscal Studies Paul Johnson says Chancellor Jeremy Hunt had “very little room for manoeuvre” in his Budget as he was “right up against his own Fiscal targets”.
Report by Ajagbef.
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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
Rishi Sunak, Jeremy Hunt and Grant Shapps have been greeted by the British ambassador to Poland, Anna Clunes, at Warsaw Airport.
The prime minister is in Poland to discuss security with his counterpart Donald Tusk and Nato Secretary General Jens Stoltenberg. 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 says the latest inflation rates are 'encouraging' alongside 'strong' fundementals that show the British economy is set to grow after a tough period. 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 says he would like to bring down taxes - but only if it were fiscally responsible.
He adds he would also like to put more money into public services through growing the economy rather than more funding. Report by Alibhaiz. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Bank of England Governor Andrew Bailey has said he is 'encouraged' by the direction of inflation, hinting borrowing costs could soon be cut if inflation is reined in. Report by Alibhaiz. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Shadow Chief Secretary to the Treasury Darren Jones has said there are a number of policy initiatives that could help bring inflation down after the Bank of England decided to leave the rate unchanged. Report by Alibhaiz. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Lord Cameron has said the UK will not support an Israeli invasion of Rafah unless there is a 'clear plan to save lives'.
He added the government had a 'rigourous process' in ensuring it its arms were not going to be used in a manner that would breach humanitarian law. Report by Alibhaiz. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Lord Cameron has stressed the importance of enhancing the UK's security, including revisiting foreign policy and increase spending on defence. Report by Alibhaiz. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
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