Budget live: Tax cut to be announced in budget - but Labour says surprise is on cards

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Chancellor Jeremy Hunt will announce a further cut in national insurance in his budget, Sky News understands. Politics Hub is the place for live, comprehensive coverage of the budget throughout today - with the announcement itself starting at around 12.30pm.

Labour: Every budget since 2014 has promised higher wages, skills or growth

"Rishi's recession shows that his promise to grow the economy is in tatters and our economy is now smaller than when the prime minister entered 10 Downing Street in 2022. The foreign secretary is set to meet Mr Gantz, a former general, after the Israeli had meetings in the White House, which also raised concerns about the aid entering Gaza.

It's"unusual" that the Treasury has already confirmed the significant measure of another 2p cut to national insurance, he adds. The graffiti on the front door and two windows of the Hindhead office was first discovered yesterday morning, according to the Woking News and Mail report.Surrey Police, which has opened a probe into the damage, said it likely occurred between 8pm and 9pm on Monday night.A cut to national insurance is"effective" at helping workers but has proven not to be"powerfully effective" for Jeremy Hunt, a political journalist says.

"If it isn't tax cuts, what is it, if anything, that's going to improve their fortunes? That's what a lot of them are going to be thinking."This week, as Jeremy Hunt was putting the final touches to his budget, a poll dropped putting the Conservatives on their lowest level of support in 40 years.

Source: Insurance Report (insurancereport.net)

 

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