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Mon, 25 August 2025
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John Johnston and Nadine Batchelor-Hunt

Downing Street Plays Down Chance of Tax Cuts Despite Budget Surplus
Economy
By John Johnston and Nadine Batchelor-Hunt
Downing Street Plays Down Chance of Tax Cuts Despite Budget Surplus
Chancellor Jeremy Hunt is facing pressure to increase spending or offer tax cuts at next month's budget after gaining additional fiscal headroom following a bumper January tax take.