Labour have found two ways of circumventing Hunt’s spending trap: first, to ignore it, and, second, to reduce pressure on the public finances through optimistic promises of economic growth.
Our chosen model is grossly unjust and will have many horrible consequences. But it already has, and yet it ticks along, because those consequences are not evenly spread.
The Chancellor has opened a consultation on giving employees the “legal right to require a new employer to pay pension contributions into their existing pension if they choose”.
The Chancellor, who was watched by his wife and children, indicated that he will take no risks.
“Our choice is not big government, high spending and high tax because we know that leads to less growth, not more. Instead we reduce debt, cut taxes and reward work.”
“Targeted investments will ensure the UK remains competitive in sectors where we’re already leaders and innovators in sectors where we’re not.”
We are a services superpower second only to the US. That doesn’t just mean banking, but also the creative industries, legal services, architecture and consultant engineering.
Hunt should raise his sights from South West Surrey, and focus on tax cuts that would bring the greatest relief to the greatest number.
The Chancellor explains the thinking behind proposed changes in Universal Credit which would restrict access to people who refuse to actively seek work.
‘He and the Prime Minister say they are low tax Conservatives, but at some point before the election they have got to show that.’
He talks to GB News’ Camilla Tominey about the Government’s plans to get the economy growing.
We need a comprehensive and coherent approach that proves we are serious about tackling the problems thousands of people are experiencing trying to find an affordable home.
Claire Coutinho is clearly impressive, but has only been an MP since 2019, and the appointment of someone so inexperienced to so big a role comes with risks.
This move will not only make people richer but will also stimulate economic growth, as many such ISAs are invested into UK stocks and shares.