Jeremy Hunt is expected to make a 2p cut to national insurance central to his Budget, which he said would deliver “more opportunity and more prosperity”.
The Chancellor, who has faced pressure from Tory MPs to ease the record-high tax burden, promised “permanent cuts in taxation” that would bring “higher growth” as he seeks to woo voters ahead of this year’s general election.
He looks likely to announce a cut in national insurance by a further two percentage points on Wednesday, matching a cut in the autumn statement.
The change could save the average worker £450 a year, adding up to £900 when combined with last year’s move.
Mr Hunt was widely reported to have defied calls from some in Downing Street and many Conservative MPs to reduce income tax, which is more expensive but better understood by many voters.
They were concerned another national insurance reduction would not be enough to boost Prime Minister Rishi Sunak’s party’s dire poll ratings, after the last one failed to move the dial.
Shadow chief secretary to the Treasury, Darren Jones blasts the Conservatives “humiliating U-turn” on Labour non-dom policies set to be announced in Jeremy Hunt’s Budget.
“Are they so bereft of their own ideas the only place they can look is Labour for ideas the country needs?”
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Who ever gets in they need someone in successful business needs to run this country, Alan Suger etc
They have kicked us till we're bloody now it's time to fight back!
Labour have nothing to offer either, they're a lame duck party with lame policies Total change and total commitment to the country is what's needed, they ain't the answer.
Look at Birmingham – worst council bankruptcy in history by Labour. & 2008 was worst economic crash in a century by Labour government. Labour are bad with money. Tax payers money
Never trust the economy in the hands of commie New Labour.
We're still paying for the bank bailout of 2008, it was New Labour that bailed out the banks not the CONSERVATIVES that opposed them at the time.
Remember Gordon Brown saying in Parliament that he saved 'He saved the world' but in reality he condemn us the working families to now 16 years of austerity !
Historical Reminder
The genesis of the term cost of living crisis was succeeded by the term austerity which was brought about by New Labour when it bailed out the banksters in the 2008 Global Depression using the another term that preceded the term austerity with the term that started it all which was the *credit crisis*.
In 2008 when New Labour began adopting the American msm term of 'too big to fail' to convince the rest of us into accepting the fait accompli of bailing out the banks that caused the 'Great Depression' that affected the globe. After 13 years of New Labour in power, how many council homes did they build? nothing they are willing to talk about in their election campaigns.
Remember the PFI loans scandal which created an environment where newly built hospitals couldnt open due to the lack of cash to pay the staff and run the hospital because of the usury, no money left over after paying the interest on the exorbitant loans.
Whilst other hospitals on the same PFI loan schemes were deteriorating due to the same dilemmas. Many of those PFI loans haven't been paid and hospitals are still servicing the debt. From PFI loans to the illegal wars of 2003 Iraq under Blair of New Labour and 2014 Libya under the Con/Lib coalition government of 2010, but most noteably the bank bailout of 2008 thanks to Goldman Sach's rebranding of toxic derivatives aka junk bonds as triple A assets sold to governments and institutions worldwide.
This bailout out of the banksters by New Labour gave the Lib/Con gov of 2010 the pretext to usher in services and benefit cuts. 14 years of austerity rebranded over the years to its new incarnation namely the cost of living crisis .
Dont forget the lockdowns he was unopposed to the tories and wanted them to lockdown sooner and for longer.
Now we have the ukraine war, our involvement has deprived families from the access we used to have before the conflict of cheap gas and oil. All of these reckless and irresponsible policies and decisions has created the inhumane cost of living crisis aka austerity 10.0 that we see today. Adding insult to injury Keir wants us to add more green carbon taxes ontop of the impact of the cost of living crisis . Well its ok if you are a millionaire like Keir but for the rest of us and especially the vulnerable its a death sentence.
Cull'd you believe it !
Can anyone tell me… the last tax an incoming party actually scrapped .. not just renamed ?
Full of non answers. All the main parties are useless, money grabbing con artists.
Hilarious isnt it all labour held councils that have gone bankrupt
Is this from a party who dose more u turns nearly every dsy and a leader who is completely useless this country has no one t vote f we are fucked xx
Nothing is better than it was 14 years ago.
Neither Labour or Conservatives are fit to govern.
We should be cutting taxes a reducing expenditure by removing immigrants from this country that do not pay tax.
Overtime, immigrants should have a minimum annual tax levy of £5,000.
Unbelievable of another Labour 🤡Your leader would of had us locked in far longer, you'd of finished us of completely economically, you have a culture minister more concerned by a song, biology deniers getting into every service to erase language, with ppl turning away from you in their 1000s, so you are just using the current situation, to get into No10, pushing an election because you know, its getting more challenging for you, who trusts the same party but red "ignorant ppl do" I certainly don't, I don't think women are 99.9% either, we deserve rights based on reality, not someone that gives them away for a peaceful life.
Starmer wanted us to be locked indoors longer I do recall, Starmer is a biology denier for votes, Starmer covered up, said nothing when he was more concerned about his CPS Status! Yet ppl want to trust this anti-English party of 🤡 Dawn's, Jess & the left pushing extreme, you are getting sleepy Joe with Starmer, he does as the masters say, he's panders to loud minority, unions, activists, so imagine the mess this country will be, just look at Labour run councils if you want a early look at a Labour run government, most of them are in the gutter.
Keir Starmer, Rishi Sunak and others serve the same foreign and corporate interests as Ursula Von Der Leyen.
Ursula Von Der Leyen is a member of the board of Trustees of the World Economic Forum.
Yeah, running out of creative ways to rob the rest of us without making it too bloody obvious!
Could you get a more right wing channel ?
The New World Order to Build Back Better. Remember all the European leaders and Britain, USA are taking orders from the World Economic Forum and World Health Organization. They need to destroy our world so they can rebuilt on their terms. You will have no rights or freedoms.
I cant believe ppl believe this dribble, D^vvy Darren as just said, what all the 🐑 want to hear, i mean just look at him, he loves stood in the limelight, what a 🤓 id never trust these "ever" i can see straight through them "lairs"
Then do a three point turn
Its quite a skill to actually do fart speak – utter nonsense without a manifesto and then talk about policy…
Quislings
Starmer would not keep his promises. Sunak is done for. We need a new party. I would not vote for either of them.
Not gonna answer the question and hold on these guys "labour party" agreed to the furlough scheme aswell thats why our debt is stupid high and with the non dom thing in my opinion that money cant be relied on cus these people are so wealthy that they can just up and leave if it becomez to much for them.
The sooner we get conservaties and torys out the better.
Idint care whos idea it is as long as its thed right one for the country . Labour liberal evan snp i dont care asslong as its good for us
Conservatives keep telling us Labour don't have a plan but then copy a promise from that non-existent plan to end non dom status
Labour are the most irresponsible fiscally on planet earth!!
Labour are as bad as conservatives both w⚓️’s all they do is lie and lie just about everything 🤡🤮
Craptalk TV failed to keep the tories in power. 😂
LOOK TO REFORM FOR THE CHANGE THATS LONG NEEDED . THEY ARE IN THIRD POSITION OVER ALL AND WANT TO DRAIN THE SWAMP AND GO WITH GRASS ROOTS POLICIES😁👍🇬🇧👌
But Labour have never done any better. It was them who destroyed Britain with mass immigration!
sorry I don't trust you not to sell us out to the EU and import more people like the conservatives have. I'm voting reform, in fact I'm going to hand out their leaflets.
Don't trust labour !
Isn't it about time to start looking at the economics. The wealthy are wealthier the poorer are poorer. There's more inequality. We need decent economists who care about the economy. Not for the 1% but for the 99%.
Highest taxation since the seventies , the conservatives are treading water and will sink soon , but Labour won’t be getting my vote either
We need guy fawkes.
If people want change in politics they all have to stop voting Tory and Labour and take our country back for the people
Labour will be worse, they are all usless
labour will RISE tax for workers…
LIEbour CONservative 2 cheeks of the same backside
The Price of Gas has hovered between £2 to £3 for the last 12 years.
In June 2022 Gas price shot up to about £7,…this lasted for about 6 Months.
Gas Companies pushed up the prices in 2022.
Today in 2024when Gas prices are back at £2,….. the prices of Gas we are being charged is sky High.
Whose Job is it to protect us from being RIPPED OFF?
CON-Servatives are busy playing buddy buddy with the Fat cats.
It’s not just economic vandalism they are guilty of.
Inflation is the interest in the loans. Read "Modern money Mechanics" and the fractional reserve system.
labour is good,…only in talking…..
investing…means…more borrowings…to public services means wasted money
Why would anyone go back to work for these people to give the tax derived from your short existence working day and night to have it given to boat people who will never work, its a beautiful sunny day hope you're able to be out enjoying it.
There's millions of under 30’s in the UK who have no clue how bad life gets under Labour, young people need a lesson on how to tackle poverty and starvation with zero hope ( that’s why I like the idea of a Labour government)
Labour will add more taxes not lower or less. And we’re losing our right to free speech but allowing, one group to say anything.