Sunak to give update on state of the nation’s finances ahead of autumn statement
1 year, 1 month ago

Sunak to give update on state of the nation’s finances ahead of autumn statement

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. “It requires enormous discipline year in, year out.” The one thing we won’t do is any kind of tax cut that fuels inflation. We’ve done all this hard work, we’re not going to throw that away Jeremy Hunt Mr Hunt said he will not take any actions that would “jeopardise” the fight against inflation, which is higher than wanted at 4.6%, though it has halved in the last year. Ms Reeves told the BBC’s Sunday With Laura Kuenssberg programme: “Cutting inheritance tax in the middle of a massive cost-of-living crisis and when public services are on their knees is not the right priority. “I understand people’s desire to pass on to their children what they have worked hard for, but right now that is not the right thing to do and we would not support it.” She also rejected Mr Hunt’s argument that he needs to take “difficult decisions” on welfare payments.

History of this topic

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1 year ago
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