Lord Lamont, whose budget helped Sir John Major win the 1992 election, has said Rishi Sunak should prioritise cutting income tax over inheritance tax to revive Tory fortunes.
David Cameron appeared before an audience of what looked suspiciously like public schoolboys. Perhaps these children were brought in to lower the average age of the Lords European Scrutiny committee – although even the Foreign Secretary at a sprightly 57 did that. In fairness to the Other Place, it wasn’t only the age which was higher than the average Commons committee; the IQ appeared to be too. ‘’
Jeremy Hunt has a £100bn headache. The Chancellor may be enjoying a flood of extra tax receipts thanks to high inflation, but the corollary of that is the country’s debt interest bill is soaring.
Jeremy Hunt is celebrating inflation falling to a two-year low, giving him a boost less than a week before he delivers what could be his last Autumn Statement. Lower inflation reduces the size of Britain’s debt interest bill because of the country’s inflation-linked bonds.
The lack of safety railings at The Plex in Port Elgin – an “urgent safety issue” according to the Saugeen Shores Winterhawks – will be studied by the Town during upcoming budget talks.