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The Latest Breaking News from Tax Cuts

Autumn statement: Jeremy Hunt announces tax cuts for firms and workers

Chancellor cuts national insurance rate and confirms rise in benefits and state pension but overall taxation levels still rise

The Guardian - UK

Autumn Statement latest: Jeremy Hunt cuts National Insurance from 12% to 10% from January

Jeremy Hunt has cut the main rate of National Insurance by two percentage points in an Autumn Statement to kick-start economic growth in Britain.

Evening Standard

US election results: Ask our Washington correspondent anything as Trump wins crucial battleground states

ASK ME ANYTHING: The Independent’s senior Washington correspondent Eric Garcia is on hand to explain what a Trump win will mean for the country’s direction

The Independent UK

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Wednesday briefing: What’s ‘on the table’ for Jeremy Hunt’s autumn statement

In today’s newsletter: Amid backbench pressure to cut taxes, Rishi Sunak and his chancellor have signalled a willingness to bring forward tax cuts

The Guardian - UK

From tax to debt: five key issues that underpin the autumn statement

With inflation falling, the chancellor is expected to turn his attention to growing the economy

The Guardian - UK

On the Picket Line: Will the Autumn Statement help workers?

The Chancellor of the Exchequer is set to announce the Autumn Budget statement on Wednesday, with tax cuts on income, inheritance and business…

The National (Scotland)

Backbench splits complicate Chancellor’s job as he considers tax cuts

Jeremy Hunt must balance fiscal responsibility, inflation and the need for investment with demands for a range of tax cuts from Tory MPs.

The Independent UK

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Autumn statement: tax cuts could boost UK economy, but businesses also need more certainty

It’s the right time to cut taxes to grow the economy, according to Prime Minister Rishi Sunak. Both he and the chancellor have been discussing the “path to reducing the tax burden” in recent days.

The Conversation

OPINION - The Standard View: Jeremy Hunt is walking a tightrope on tax cuts

Having met his pledge to halve inflation by the end of the year — albeit thanks to the Bank of England — Rishi Sunak has confirmed that tax cuts will be in tomorrow’s Autumn Statement. Much of the focus is likely to fall on business taxation in the face of…

Evening Standard

Economy has ‘turned a corner’, says Trott as Hunt mulls tax cuts

The Chancellor will deliver his autumn statement on Wednesday.

The Independent UK

Bank of England warns markets are underestimating inflation risks – as it happened

Andrew Bailey fears markets are downplaying risks of persistent inflation, as new figures show UK borrowing so far this year is £16.9bn less than expected

The Guardian - UK

Autumn statement - latest: Sunak and Hunt can only make ‘tiny tax cuts’, expert warns

Only enough money in public coffers for ‘tiny’ tax cuts, IFS says

The Independent UK

Tory hopes grow of tax cuts at autumn statement after Sunak speech

A benefits shake-up that would see those with mental health or mobility problems told to search for work which is possible from home is also expected.

The Independent UK

Sunak says he will cut taxes ‘over time’ as he reveals new economic priorities

PM signals that business tax cuts more likely than personal ones as he sets out ‘next phase’ of government’s economic plan

The Guardian - UK

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The National (Scotland)

PM unveils five new pledges as he promises tax cuts ahead of Autumn Statement

RISHI Sunak has said he is taking “five long-term decisions” in a bid to grow the economy and public finances.

The Conversation

Tax cuts rumoured but the UK's autumn statement will offer little economic comfort

The UK chancellor’s autumn statement is likely to be relatively uneventful – yet extremely significant. Although some headline-seeking tax cuts are rumoured, sluggish economic growth and persistent inflation leave little scope for major policy announcements.

Evening Standard

Tax cuts WILL be in Autumn Statement, Rishi Sunak confirms with priority on businesses

The Prime Minister said he and Chancellor Jeremy Hunt were taking the decision to 'cut tax' after having met his goal to halve inflation this year

The Independent UK

Sunak promises tax cuts ahead of crunch autumn statement

The Prime Minister said it would take discipline and the Government would need to decide which cuts to prioritise.

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The Guardian - UK

Boris Johnson ‘bamboozled’ by science and Matt Hancock had habit of saying things that were untrue, UK Covid inquiry hears – as it happened

Former chief scientific adviser Patrick Vallance revealed there was ‘complete lack of leadership’ at times in crisis

Evening Standard

Autumn Statement: Hunt would 'risk fuelling inflation with tax cuts putting money quickly in people’s pockets'

The IFS also stressed that some of the Chancellor’s fiscal “headroom,” possibly of around £25 billion, is an 'illusion'

The Guardian - UK

Autumn statement will avoid tax cuts that promote inflation, pledges Hunt

Chancellor seeks to promote growth ahead of autumn statement that could spark a rebellion among Tory backbenchers defending marginal seats

The Guardian - UK

Pressure on Hunt over tax cuts is constrained by economic reality

Political divisions and questions over the rule of law provide more fuel for Tory internal combustion

The Guardian - UK

Jeremy Hunt rules out any tax cut that fuels inflation in autumn statement

Chancellor says he will not throw away hard work done to tackle rising prices amid calls for income tax cuts

The Guardian - UK

The right is babbling about tax cuts while Britain burns. Pay no heed, Jeremy Hunt

Investment, investment, investment must be the chancellor’s mantra. Instead, he is being urged to give away billions to those least in need

The Independent UK

Hunt warns of ‘difficult decisions’ on benefits but mulls inheritance tax cut

The Chancellor is being urged by northern Tories to focus on the lower paid with tax cuts instead of the wealthiest in the autumn budget.

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