The Chancellor is widely reported to have decided to cut National Insurance rather than the more expensive option of a 2p reduction in income tax.
The move comes as he attempts to both revive the British economy and address an opinion poll deficit which suggests the Conservative Party is on course to be ousted at the election.
Downing Street would not be drawn on the prospect of a cut to National Insurance, with Prime Minister Rishi Sunak’s official spokesman saying: “I’m not going to get drawn on any of the Budget speculation.”
This story is from the {{IssueName}} edition of {{MagazineName}}.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the {{IssueName}} edition of {{MagazineName}}.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
Van Gogh oil protest pair are jailed
TWO Just Stop Oil activists have been jailed for pouring soup over Vincent van Gogh’s Sunflowers, after they came close to “destroying” the masterpiece.
Whittaker is wanted but happy to remain a Pilgrim
ARGYLE FORWARD HAS ASPIRATIONS TO PLAY HIGHER, BUT NOT JUST YET
How Argyle played a role in Merson taking Walsall job
EX-FOOTBALLER turned Strictly Come Dancing star Paul Merson made his name winning trophies with Arsenal and starring for England in the 1990s - but his ill-fated career as a manager proved less successful.
Coming home to an Albion win cured my holiday blues!
THANK goodness for that, we are finally back to enjoying the sweet taste of a home win, after sneaking a victory over Leicester Lions last weekend at the Brickfields Fortress.
Dame Maggie dies, aged 89
OSCAR-WINNING actress Dame Maggie Smith has died, aged 89.
Guitarist denies fatal crash charge
GUITARIST Josh Klinghoffer, a former Red Hot Chili Peppers member who has also played with Pearl Jam, has pleaded not guilty through his lawyer to a misdemeanour manslaughter charge over the death of a pedestrian.
Mary's magic will sweep you away!
THE cast has been announced for Disney’s Mary Poppins ahead of its arrival in Plymouth early next year.
Pension claims are up
PENSION credit claims have hit almost 75,000 amid Government efforts to boost benefits take-up.
Danger of Lebanon crisis 'escalating much wider'
THE continuing tensions between Israel and the militant Lebanese Hezbollah group present a risk of spiralling out of control, the UK Defence Secretary has said.
Diamond days after struggle
AFRICAN ADVENTURE ‘THE PERFECT TONIC'
