The chancellor, Jeremy Hunt, has hinted he would cut taxes for higher earners if the Conservatives are re-elected, saying they disincentivised people from working harder.
As both parties began to set out their economic plans on the first weekend of campaigning, Labour’s Rachel Reeves also said she wants taxes on working people to be lower, and promised never to “play fast and loose” with public finances. She said she intended to lead the “most pro-business Treasury in our history”.
