Page 2 - Budget Set News Today : Breaking News, Live Updates & Top Stories | Vimarsana

of the economy, chancellor? jeremy hunt has some good news he wants to trumpet. the bank of england has driven inflation down it s halved this year. so now the chancellor says it s time to try to get the economy growing. in today s autumn statement for growth, our choice is not big government, high spending and high tax, because we know that leads to less growth, not more. instead, we reduce debt, cut taxes and reward work. he announced, under the triple lock, the state pension will go up by over 8% next year, and many benefits up by more than 6%. i m going to go further and cut the main rate of employee national insurance by two percentage points, from i2%, to 10%. it mean someone on a salary of £35,000 a year would save over £450. to encourage businesses to invest, he is making a temporary scheme permanent it allows the cost of any upgrades, computers, machinery and the like to be deducted from profits before they re taxed. i will today make full expensing permanent,

September inflation0 70 6Office for budget responsibility2 891 692 7Tax cutsDamian grammaticasAutumn statementJeremy huntEconomy growingBank of englandTriple lockState pensionMake full expensing permanent