UNBELIEVABLE: 24 | History Defined

Jeremy Hunt handed tax boost as UK posts record monthly budget surplus

Analysts say figures give chancellor slightly more leeway for tax cuts before general election

The Guardian - UK · Feb 21, 2024

FTSE 100 Live 21 February: UK in record budget surplus, HSBC disappoints despite $30bn profits

HSBC, BAE Systems and Rio Tinto are among the heavyweight London-listed stocks in the spotlight today.

Evening Standard · Feb 21, 2024

The first step to our economic liberation is to tear up these crippling fiscal rules

How are we to get out of this recession if not through investment, investment, investment?

The Guardian - UK · Feb 18, 2024

Rishi Sunak warned against fresh austerity drive to finance tax cuts

Unions outraged as Jeremy Hunt said to be considering cutting public spending to balance books in next month’s budget

The Guardian - UK · Feb 15, 2024

Jeremy Hunt ‘considering spending cuts’ to fund pre-election tax giveaway

Treasury looking at reducing projected rise in public spending from 2025, FT reports citing insiders

The Guardian - UK · Feb 15, 2024

Australia’s economy likely to slow until stage-three tax cuts, lower interest rates and easing inflation kick in, CBA says

Spending tipped to moderate until households start getting some relief in the middle of the year, CommBank chief economist says

The Guardian - AU · Feb 15, 2024

Revamped income tax cuts clear their first major hurdle

Taxpayers earning under $150,000 are in line for a greater tax cut, after the Albanese government's overhauled income tax package cleared the lower house.

AAP · Feb 15, 2024

UK's Hunt eyes public spending cuts to fund tax cuts

The Financial Times reports that the UK's Chancellor of the Exchequer, Jeremy Hunt, is considering further reductions in public spending to finance tax cuts.

Top News · Feb 14, 2024

PM delivers big pitch on tax cuts as crucial vote nears

People are doing it tough and should keep more of what they earn, the prime minister has declared in a big pitch to parliament on income tax cuts.

AAP · Feb 14, 2024

Hunt warned that UK tax cuts risk increasing mortgage rates

 “A policy package that ends up lifting mortgage rates is the last thing Hunt will want with an election looming” Bloomberg economist Dan Hanson said

Evening Standard · Feb 13, 2024