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The Latest Breaking News from Tax Cuts

Autumn statement: experts react to national insurance and business tax cuts

The UK chancellor, Jeremy Hunt, as announced a raft of changes to the tax and benefit system as part of the government’s autumn statement. They included:

The Conversation

Jeremy Hunt delivers a budget designed to destroy a future chancellor

Jezza had a last throw of the dice and money to spend. He would blow it on tax cuts and let public services die

The Guardian - UK

Hunt’s tax cuts based on ‘implausible’ public spending squeeze – think tanks

Economists said the Chancellor’s tax reductions will not prevent this from being the ‘biggest tax-raising’ parliament in modern times.

The Independent UK

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Five key points of the Autumn Statement: Is a spring General Election on the cards?

CHANCELLOR Jeremy Hunt claimed the economy had “turned a corner” delivering his Autumn Statement – but analysts have cast doubt on whether…

The National (Scotland)

A ‘live now, pay later’ autumn statement – and yet election year still looks bleak

Tax cuts are hardly unexpected when the country may soon be going to the polls. What is shocking is how little of the gloom they will relieve

The Guardian - UK

Will Jeremy Hunt’s autumn statement revive the Tories’ election chances? Our panel responds

National Insurance cut; pensions and benefits increased. But is that enough to distract from sluggish growth and the rising cost of living?

The Guardian - UK

Autumn statement: Jeremy Hunt announces tax cuts for firms and workers

Chancellor cuts national insurance rate and confirms rise in benefits and state pension but overall taxation levels still rise

The Guardian - UK

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Autumn Statement latest: Jeremy Hunt cuts National Insurance from 12% to 10% from January

Jeremy Hunt has cut the main rate of National Insurance by two percentage points in an Autumn Statement to kick-start economic growth in Britain.

Evening Standard

US election results: Ask our Washington correspondent anything as Trump wins crucial battleground states

ASK ME ANYTHING: The Independent’s senior Washington correspondent Eric Garcia is on hand to explain what a Trump win will mean for the country’s direction

The Independent UK

Wednesday briefing: What’s ‘on the table’ for Jeremy Hunt’s autumn statement

In today’s newsletter: Amid backbench pressure to cut taxes, Rishi Sunak and his chancellor have signalled a willingness to bring forward tax cuts

The Guardian - UK

From tax to debt: five key issues that underpin the autumn statement

With inflation falling, the chancellor is expected to turn his attention to growing the economy

The Guardian - UK

On the Picket Line: Will the Autumn Statement help workers?

The Chancellor of the Exchequer is set to announce the Autumn Budget statement on Wednesday, with tax cuts on income, inheritance and business…

The National (Scotland)

Backbench splits complicate Chancellor’s job as he considers tax cuts

Jeremy Hunt must balance fiscal responsibility, inflation and the need for investment with demands for a range of tax cuts from Tory MPs.

The Independent UK

Autumn statement: tax cuts could boost UK economy, but businesses also need more certainty

It’s the right time to cut taxes to grow the economy, according to Prime Minister Rishi Sunak. Both he and the chancellor have been discussing the “path to reducing the tax burden” in recent days.

The Conversation

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Evening Standard

OPINION - The Standard View: Jeremy Hunt is walking a tightrope on tax cuts

Having met his pledge to halve inflation by the end of the year — albeit thanks to the Bank of England — Rishi Sunak has confirmed that tax cuts will be in tomorrow’s Autumn Statement. Much of the focus is likely to fall on business taxation in the face of…

The Independent UK

Economy has ‘turned a corner’, says Trott as Hunt mulls tax cuts

The Chancellor will deliver his autumn statement on Wednesday.

The Guardian - UK

Bank of England warns markets are underestimating inflation risks – as it happened

Andrew Bailey fears markets are downplaying risks of persistent inflation, as new figures show UK borrowing so far this year is £16.9bn less than expected

The Independent UK

Autumn statement - latest: Sunak and Hunt can only make ‘tiny tax cuts’, expert warns

Only enough money in public coffers for ‘tiny’ tax cuts, IFS says

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The Independent UK

Tory hopes grow of tax cuts at autumn statement after Sunak speech

A benefits shake-up that would see those with mental health or mobility problems told to search for work which is possible from home is also expected.

The Guardian - UK

Sunak says he will cut taxes ‘over time’ as he reveals new economic priorities

PM signals that business tax cuts more likely than personal ones as he sets out ‘next phase’ of government’s economic plan

The National (Scotland)

PM unveils five new pledges as he promises tax cuts ahead of Autumn Statement

RISHI Sunak has said he is taking “five long-term decisions” in a bid to grow the economy and public finances.

The Conversation

Tax cuts rumoured but the UK's autumn statement will offer little economic comfort

The UK chancellor’s autumn statement is likely to be relatively uneventful – yet extremely significant. Although some headline-seeking tax cuts are rumoured, sluggish economic growth and persistent inflation leave little scope for major policy announcements.

Evening Standard

Tax cuts WILL be in Autumn Statement, Rishi Sunak confirms with priority on businesses

The Prime Minister said he and Chancellor Jeremy Hunt were taking the decision to 'cut tax' after having met his goal to halve inflation this year

The Independent UK

Sunak promises tax cuts ahead of crunch autumn statement

The Prime Minister said it would take discipline and the Government would need to decide which cuts to prioritise.

The Guardian - UK

Boris Johnson ‘bamboozled’ by science and Matt Hancock had habit of saying things that were untrue, UK Covid inquiry hears – as it happened

Former chief scientific adviser Patrick Vallance revealed there was ‘complete lack of leadership’ at times in crisis

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