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28 Feb 2023 Economy

More Labour Than Tory Voters Want To See Tax Cuts In Jeremy Hunt's Budget

A new poll has found Conservative voters would prefer Chancellor Jeremy Hunt prioritise debt reduction over tax cuts if the UK economy improves, while a significant number of Labour voters are keen to see taxes reduced.

UK horticulture calls on Chancellor for action on energy, water and trade

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27 Feb 2023 Environment

UK horticulture calls on Chancellor for action on energy, water and trade

The Horticultural Trades Association’s letter to the Chancellor ahead of the Spring Budget sets out clear asks for action on the cost of doing business, water resilience and trade, as businesses across UK horticulture continue to see soaring costs and face another challenging weather year.

21 Feb 2023 Economy

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.

Top Stories: Jeremy Hunt Resists Tax Cuts Despite Surplus, Kate Forbes Doubles Down Against Gay Marriage

21 Feb 2023 Brexit

Chancellor Jeremy Hunt said he would "stick with his plans" to reduce debt despite a surprise budget surplus of more than £5 billion in January.

Top Stories: Keir Starmer Questions Why Dominic Raab Is Still In Post, Unions Warn Of More Strikes

01 Feb 2023 Defence

Keir Starmer challenged the Prime Minister at Prime Minister’s Questions on why the deputy prime minister still has a job despite allegations of bullying after Nadhim Zahawi was sacked over his tax affairs.

24 Jan 2023 Political parties

Tory MP Tells Jeremy Hunt To Put "Positive And Practical" Childcare Measures In Budget

Conservative MP Siobhan Baillie has urged Chancellor Jeremy Hunt to consider “positive and practical” childcare measures ahead of the upcoming Spring Budget, as the government faces pressure from within their own ranks to reform the “expensive” and “complex” system.

22 Nov 2022 Economy

This is a recession made in Downing Street

People in Bethnal Green and Bow, and across the United Kingdom, face a harsh winter. Rising rents, mortgages, food and fuel prices, plus stagnant or falling wages, add up to real misery for millions.

17 Nov 2022 Economy

The Budget avoided hard cuts but was silent on delivering the growth Britain needs

So, after all the briefing about an austerity Autumn Statement, when it came, it provided large increases in public spending for the next two years.

17 Nov 2022 Economy

All The Major Announcements In Jeremy Hunt's Autumn Statement

Chancellor Jeremy Hunt promised "stability, growth and public services" in a major Autumn Statement laying out the government's spending plans, including increases to tax and cutbacks on public spending.

17 Nov 2022 Economy

Austerity is going to be hard for everyone – is it time to reform our tax system?

It is widely anticipated that today’s Autumn Budget Statement will entail a reduction in spending and rises in taxes in the range of £50bn.

16 Nov 2022 Foreign affairs

Rishi Sunak Says UK And Global Inflation Rates Are “Utterly Political”

Prime Minister Rishi Sunak has said the economic shocks experienced by countries across the world are “inherently global” in his first press conference at the G20 Summit this morning as the Office For National Statistics announces record high inflation rates.

16 Nov 2022 Economy

The energy crisis won’t end when winter does – the Chancellor must make sure no one is left behind

Volatile energy prices and the soaring cost of living have shaken households across the country. We’re helping almost two people every minute with crisis support.

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15 Nov 2022 Economy

The Budget 17th November: CMI look ahead

The Chartered Management Institute has issued a comment ahead of the Budget on Thursday.

14 Nov 2022 Economy

A new era of austerity is a political choice that must be rejected

A new era of austerity is dawning. We’ll be told it’s for our own good. Don’t be fooled again.

13 Nov 2022 Economy

Jeremy Hunt Says "We're All Going To Be Paying A Bit More Tax" Ahead Of Budget

The Chancellor has warned there are going to be "very difficult decisions" in next week's fiscal statement but insisted the UK was "resilient".

17 Oct 2022 Economy

Chancellor Jeremy Hunt To Make Emergency Budget Statement

The new Chancellor is set to make an emergency statement on Monday setting, bringing forward the government's announcement on how it will fund some measures from its seismic "mini-Budget" announced last month.

16 Oct 2022 Economy

Jeremy Hunt "Not Taking Anything Off The Table" On Possibility Of Reversing More Tax Cuts

Jeremy Hunt has said he is “not taking anything off the table” when it comes to the possibility of ditching more of Liz Truss’ proposed tax cuts, but insisted that the under-pressure Prime Minister is “in charge” after a turbulent week.

15 Oct 2022 Economy

Jeremy Hunt Signals The Death Of "Trussonomics" And Admits "Mistakes" Over Mini-Budget

The new Chancellor Jeremy Hunt has signalled that a complete reversal of Liz Truss's economic plans is incoming, warning of “difficult decisions” to come on spending and tax cuts.

14 Oct 2022 Economy

Liz Truss U-Turns On Corporation Tax To Claw Back Trust On Economy

Liz Truss has U-turned on her plans to scrap the rise in corporation tax, a major part of her controversial "mini-Budget", after a chaotic morning in which she sacked Chancellor Kwasi Kwarteng.

10 Oct 2022 Economy

Kwasi Kwarteng Brings Forward Fiscal Plan To 31 October After MP Pressure

Chancellor Kwasi Kwarteng has brought forward the date he will announce his new fiscal plan and publish economic forecasts, following significant disquiet among MPs.

29 Sep 2022 Economy

Liz Truss Defends "Controversial" Tax Cuts After Drastic Bank Of England Bail-Out

Liz Truss has defended the government's "controversial" mini-Budget which caused the pound to plummet in value, insisting that growth won't happen "overnight".

26 Sep 2022 Economy

Horrified Tories Berate "Consequences" Of Tax Cuts After Value Of Pound Tumbled

A wave of discontent is building among some Conservative MPs after the value of the pound has reached a historic low in the wake of sweeping tax cuts announced in Chancellor Kwasi Kwarteng's "mini budget".

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23 Sep 2022 Transport

RIA responds to the Chancellor's 'mini-budget'

HTA responds to mini-budget and cost of doing business measures

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23 Sep 2022 Economy

HTA responds to mini-budget and cost of doing business measures

Commenting on the Chancellor’s announcements today (23/09), Jennifer Pheasey, Director of Public Affairs said: