He added: “We’re all going to be paying a bit more tax, I’m afraid… but it’s not just going to be bad news.
The Chancellor insisted the most vulnerable would receive targeted support and those on higher incomes will have to pay the most. He is also looking at lowering the threshold at which people pay the top 45p rate of income tax from £150,000 to £125,000. A Treasury source said Mr Hunt was not looking at raising VAT.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
'There Is No Alternative': Inside Rishi Sunak And Jeremy Hunt's Dash For CashThe prime minister and chancellor need to raise £50 billion to fill a black hole in the government's finances. KevinASchofield The myth of 'austerity' public sector cuts allows Tory chums to prop up failing public services with their private sector agencies for ludicrous profit. Vultures and wreckers. KevinASchofield Worth a read: KevinASchofield Money is a human construct, as are financial black holes. As is austerity, ruining livrs.
Source: HuffPostUK - 🏆 108. / 51 Read more »
Rishi Sunak now faces the ultimate testWill voters agree a dramatic fiscal tightening is necessary despite the risks of a two-year recession? HugoGye Trying to reach the top shelf of his fridge? Low blow, but he is a low man. In both morals, and stature. And hight.
Source: i newspaper - 🏆 8. / 89 Read more »
Britain's economy will not recover unless war in Ukraine ends, warns Rishi SunakBritain's economy will not recover unless war in Ukraine ends, warns Rishi Sunak 🔴 The Prime Minister is set to propose a “five-point plan” to boost the world’s economy and move on from the chaos caused by Vladimir Putin’s invasion of Ukraine Sunak must prioritise renewable energy to put Putin back in his box. Maybe we could just mind our own business like we do with the crazy Chinese and the murderous Saudis 🤷♀️ We don’t seem to bothered about kids in Yemen dying, we sell them the bombs! Why are Ukrainian kids different? And I've forgot to add...revoke brexit.
Source: i newspaper - 🏆 8. / 89 Read more »
Rishi Sunak Facing Growing Tory Rebellion Over Plans To Hike TaxesFormer Treasury secretary Simon Clarke has become the latest senior Tory MP to speak out against the prime minister and chancellor Jeremy Hunt's plans. Clarke can see how deprived his constituency is so where to fluck does he expect more cuts to be made. TAX THE RICH Tory rebellions are ten a penny - can you please focus on your country and not your selves- your people are suffering whilst you bicker. Sunak ToryBrexitDisaster
Source: HuffPostUK - 🏆 108. / 51 Read more »
Rishi Sunak wants to make life harder for trans people like meTrans people come in all shapes and sizes, and telling who is or isn’t trans isn’t a realistic thing to do. | ✍️ Ugla Stefanía Kristjönudóttir Jónsdóttir writes for MetroOpinion MetroOpinion Brilliant piece UglaStefania! 💖 MetroOpinion Life shouldn't be made harder for them but they shouldn't be given special treatment just because they are trans MetroOpinion Know thyself is the sum of our ambition as others can’t really know us as we do!?!
Source: MetroUK - 🏆 13. / 82 Read more »
Rishi Sunak promises to call out Putin's regime at G20A fractious summit and what many will see as a bad news Budget won't make for an easy week for the PM. Of course he will Meanwhile the British people will continue to call out the Sunak regime. I guess the entire British populace is a Putin-Stooge. 😂 He should be urging the US & Russia to negotiate not grandstanding at the expense of Europe.
Source: BBCNews - 🏆 3. / 97 Read more »