Posted 11/22/2023, 2:31:35 PM
Hunt Outlines Tax Cuts, Pro-Business Agenda Ahead of 2024 UK Election
- Britain's top financial official, Jeremy Hunt, outlined tax cuts and measures to spur business investment and employment ahead of 2024 election
- Cutting national insurance tax by 2% for employees to encourage work
- Expanding tax breaks for business investment to boost economy
- Forecasts show inflation slowing and borrowing lower than expected
- Tax cuts aim to improve Conservatives' chances in polls, where they trail Labour by 20 points