9 minutes ago About sharing Hunt: Tax receipts are higher because the economy is set to grow By Paul Seddon & Becky Morton Political reporters Jeremy Hunt has announced cuts to the tax paid by workers from April, in a bid to revive Tory fortunes ahead of this year’s election. In the last spring Budget…
53 minutes ago About sharing By BBC Verify team BBC News Chancellor Jeremy Hunt has set out his Budget which he said would “put the country back on the path to lower taxes”. Mr Hunt announced a cut to National Insurance but the Labour leader Keir Starmer said living standards under the Conservatives had taken…
8 minutes ago About sharing By Dharshini David Chief economics correspondent, BBC News What is the public to make of the one hour and five minutes that Chancellor Jeremy Hunt was on his feet? That famous red box actually contained a relatively modest amount of treats – leaving some to speculate we may see another…
45 minutes ago About sharing By Kevin Peachey Cost of living correspondent The theatre of Budget day may have allowed Chancellor Jeremy Hunt to set the stage for an election, by announcing major tax and spending plans. It is the finer details of his script that could have a significant impact on your finances, so…
The cut means that National Insurance will fall from 10% to 8%, following an earlier 2p cut in the Autumn statement.
The Labour leader says the Conservatives are ‘stubbornly clinging to the failed ideas of of the past’.
The government’s official forecaster has raised its prediction for UK growth in 2024 and 2025.
The chancellor opens the 2024 Budget amid noisy scenes in the Commons.
2 days ago About sharing By Anthony Reuben BBC Verify Chancellor Jeremy Hunt set out his first Budget in March 2023. He announced a range of measures – including on growth, inflation and childcare. They were highlighted in a government press release – so how has the government got on with delivering them? A Budget…
1 minute ago About sharing By Anthony Zurcher North America correspondent Super Tuesday wasn’t as super this year due to a slew of predictable results, but there were a few surprises and some warning signs for Donald Trump and Joe Biden ahead of their expected rematch in November. Here are some of the key takeaways…