Jeremy Hunt set to announce £900 tax cut in Spring Budget
Chancellor Jeremy Hunt is expected to announce a 2p cut in national insurance for 27 million people in a pledge to “make work pay” and win over voters with a promise of “more opportunity and more prosperity”.
Combined with the existing 2p cut to national insurance announced last November, the tax cut is work around £900 for the average worker in the UK.
Ahead of the full announcement tomorrow (Wednesday), Hunt’s tax gamble has been scrutinised by the media, with right wing outlets praising a return to traditional Conservative tax cuts, and left wing outlets expressing concern over the impact it will have on already struggling social services.
As with all budget announcements, things are little more complicated than that, and we’ll have full coverage tomorrow. However, let’s take a look at what the media is speculating and the angle they’ve taken in the lead up to the budget.
Unless otherwise linked, headlines are front pages for Wednesday 06 March 2024.
Hunt’s tax cut gamble will put £900 in workers’ pockets
Daily Express
Jeremy Hunt to cut 2p off National Insurance rather than ‘inflationary’ income tax
Labour fears Tory Budget trap as Hunt cuts NI by 2p in giveaway
i
Budget 2024: Jeremy Hunt hints he will cut taxes
Hunt defies public services alarm with pre-election budget tax cuts
The Guardian
Labour tax threat: Keir Starmer set to back Jeremy Hunt’s Budget NICs cut – but ‘will bring in other tax rises’ if Chancellor outflanks the opposition by stealing its non-dom crackdown
Hunt to put £10bn tax cut at core of Budget as Tories eye tough election
Financial Times
Hunt looks to win over voters with £900 tax cut
The Times
