Hunt cuts National Insurance in a budget that was exactly as trailed

Chancellor Jeremy Hunt has this lunchtime delivered his second budget to the House of Commons in a text which was almost identical to the pre trailed media reports of its likely content. Failing to bend to calls by some on his party’s backbenches to pull out a surprise and introduce a wider cut in income […]
‘Rabbits’ and ‘traps’ – Jeremy Hunt set to deliver his 2nd full budget to the Commons

Chancellor Jeremy Hunt will deliver his second budget to the House of Commons this lunchtime as speculation mounts that his statement will include further ‘rabbits’ beyond those already trailed. In what is likely to be the last set piece financial occassion before this year’s election, it has been widely reported that Mr Hunt will announce […]
Cost of Living Crisis explained in 90 seconds

Politics.co.uk takes a look at the main pressures driving the cost of living crisis in this animated explainer video. With inflation expected to reach 11%, here are the five main areas in which people are feeling the pinch. Produced by Senate Media
We cannot tax our way to prosperity

It’s a new year and a new start. No doubt everyone is hoping this year will be better than the last, especially Boris and his government after the past month. But while you might be feeling a little sore from last night’s festivities, this year’s hangover is going to last a lot longer. Trends come […]
Sunak grilled by Treasury committee
Rishi Sunak faced questions from the parliamentary Treasury Committee today.
Government bodies ‘exempt’ from health and social care levy

The Treasury has admitted that government bodies will be effectively exempt from a new tax hike, during a committee session on efficiency in government spending. Cat Little, director general public spending at the Treasury, told the public accounts committee that “government departments who are directly employing individuals who have to pay higher employer national […]
Fixing social care: ‘People don’t want to think about it’

Will £5.4 billion over three years be enough to create meaningful change in the social care sector
MPs vote through controversial national insurance rise

MPs voted to raise NI by 1.25 percentage points yesterday evening.
National insurance rise dominates PMQs

The SNP’s Westminster leader called the planned National Insurance rise a “regressive Tory poll tax”.
Government breaks manifesto pledge to fund social care

Boris Johnson declared that “a global pandemic was in no one’s manifesto”, as he defended the government breaking a manifesto pledge to tackle the NHS backlog and fund social care. In newly unveiled plans to overhaul social care, the prime minister announced a new 1.25% Health and Social Care Levy, funded by National Insurance Contributions. […]