The Latest Breaking News from Tax Cuts

Will Jeremy Hunt’s autumn statement revive the Tories’ election chances? Our panel responds

National Insurance cut; pensions and benefits increased. But is that enough to distract from sluggish growth and the rising cost of living?

The Guardian - UK · Nov 22, 2023

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 · Nov 22, 2023

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 · Nov 22, 2023

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 · Nov 21, 2023

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 · Nov 21, 2023

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 · Nov 21, 2023

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

The Chancellor will deliver his autumn statement on Wednesday.

The Independent UK · Nov 21, 2023

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 · Nov 21, 2023

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 · Nov 21, 2023

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 · Nov 21, 2023