You put your right foot in, you take your right foot out...
New Chancellor Jeremy Hunt confirmed “almost all” planned tax cuts will now be shelved and the support for energy bills will end in April rather than two years.previously said 30 million people would benefit from Liz Truss’s cutsBut following the policy U-turn yesterday , the Tory MP said: “Today’s announcement will stabilise financial markets; they reacted positively this morning.
Watford’s MP added: “As I’ve said before, I want people to be able to keep more of the money that they earn, but it became clear that given the state of the global economy, previous proposals went further and faster than markets were anticipating.”
Belgique Dernières Nouvelles, Belgique Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Jeremy Hunt to make emergency statement to stabilise the marketThe new Chancellor is expected to set out plans for spending cuts and tax increases.
Lire la suite »
Liz Truss's new chancellor Jeremy Hunt reverses 'almost all' tax measures - BBC NewsNew chancellor announces review of energy bills help from April 'It would not be responsible to continue exposing public finances to unlimited volatility in international gas prices,' Jeremy Hunt says
Lire la suite »
Jeremy Hunt announcement - live: Hunt goes further than expected - as Tory MPs say it's 'when not if' Truss goes'The objective is to design a new approach that will cost the taxpayer significantly less than planned.' Chancellor Jeremy Hunt announces that the energy price guarantee will no longer last two years and will be reviewed by the Treasury in April.
Lire la suite »
Personal finance: 'We're having to redo our budget each month'Parents in York say the scrapping of a government move to freeze energy bills for two years will lead to further household budget uncertainty.
Lire la suite »
PM Liz Truss says sorry for 'mistakes' in first few volatile weeks in officeSpeaking for the first time after almost all the tax cuts announced in last month's mini-budget were scrapped, the prime minister said: 'I recognise we have made mistakes.'
Lire la suite »
Jeremy Hunt announces new economic council to provide government with 'expert advice'Jeremy Hunt has announced he is creating an economic advisory council to assist the government as it seeks to repair damage caused by the mini-budget
Lire la suite »