A general election. The backdrop a flat lining Economy Millions struggling with the cost of living and polling indicating the Conservative Party is lagging far behind the opposition. Not to mention Financial Markets on edge for anything that might worsen the uks finances. The memory of Prime Minister liz truss s disastrous Tax Cutting Budget no doubt not far from mr hunts mind. So lets remind ourselves what he came up with. The rate of National Insurance paid by employees and the self employed, will be cut again by 2 pence in the pound. That comes on top of an earlier 2p cut mr hunt announced in the autumn. In april, full Child Benefits will be paid to households, where the highest earning parent is getting up to £60,000. The current limit is £50,000. And the non dom tax break for wealthy uk residents whose permanent home is overseas, is to be scrapped raising £2. 7 billion a year for the government. That announcement is highly controversial as it was a key pillar of labour policy.
Vaping and smoking, but the Office For Budget Responsibility warns the government could find it hard to balance the books. Heres our business correspondent, emma simpson. Did you catch any ofjeremy s budget . It was a chance to turn around the fortunes of the Conservative Party. But was it enough . I think its good that the workers are going to get money back in their pockets. But then if you think about the Cost Of Living and how everything is going up, then maybe they could have given a little bit more back. Anything that cuts taxes, i wish he would have done something a bit more for savers, were in a position where were living off savings. I think theyre trying to do it in light of a General Election and probably not really thinking about what the benefit to the country is. The centrepiece of this budget was a £2 billion cut was a 2p in the pound cut to National Insurance, a tax paid by workers. So who are the winners and losers if you include all the changes to tax and thresholds
tender her resignation. but it s all gone quiet since then, and no one really knows when or indeed if she will eventually step aside. the ongoing uncertainty has become a major story in mid bedfordshire. a local news site is running a blog asking the same question every day. has she resigned yet? our blog has been running for the last, well since the 29th ofjune, which is 20 days after she originally said she resigned. and the reason we started it is because it s something that should take a matter of days to be resolved, not months. in fact, she s been resigning for longer than liz truss was actually the prime minister for. and the saga has prompted some creative treatments on social media. from this, based on where s wally? to this featuring the prime minister. officially, there is no byelection here, but all parties have been campaigning for months. while on paper, it s a safe conservative seat, their opponents smell blood. labour activists have been knocking
to give her a place in the house of lords, before she would formally tender her resignation. but it s all gone quiet since then and no one really knows when, or indeed if, she will eventually step aside. the ongoing uncertainty has become a major story in mid bedfordshire. a local news site is running a blog asking the same question every day has she resigned yet? our blog has been running since the 29th ofjune, which is 20 days after she originally said she resigned. and the reason we started it is because it s something that should take a matter of days to be resolved, not months. in fact, she s been resigning for longer than liz truss was actually the prime minister for. and the saga has prompted some creative treatments on social media. from this, based on where s wally, to this featuring the prime minister. 0fficially, there is no by election here, but all parties have been campaigning for months. while on paper it s a safe conservative seat,
a major story in mid bedfordshire. a local news site is running a blog asking the same question every day has she resigned yet? our blog has been running since the 29th ofjune, which is 20 days after she originally said she resigned. and the reason we started it is because it s something that should take a matter of days to be resolved, not months. in fact, she s been resigning for longer than liz truss was actually the prime minister for. and the saga has prompted some creative treatments on social media. from this, based on where s wally, to this featuring the prime minister. 0fficially, there is no byelection here, but all parties have been campaigning for months. while on paper it s a safe conservative seat, their opponents smell blood. labour activists have been knocking on doors and the liberal democrat leader has made three visits and counting. local tories have selected a candidate to speak of their frustration