With public finances in a worse position than expected, chancellor Jeremy Hunt is considering pushing back further pledges
Jeremy Hunt and his team are considering not holding another tax-cutting autumn statement before the next election, amid uncertainty about the public finances.
The chancellor has already hinted that he plans to pledge further tax cuts – including another down payment on Rishi Sunak’s ambition to abolish national insurance – before a general election, which is expected to be held in the autumn. He also remains under pressure from the right of the party to lower taxes.
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