Pressed over whether this would disappoint some Conservative MPs, who have been calling for big tax cuts ahead of an expected general election this year, Mr Hunt said: “It is not Conservative to cut taxes by increasing borrowing because all you’re doing is cutting the taxes paid by people today in exchange for increasing the taxes paid by our children tomorrow.”
Firms still relying on the job protection scheme call for more support as it is wound up.
Chancellor Rishi Sunak committed to scrapping the tax in his March Budget.
Meanwhile Adam Mansell, head of the UK Fashion & Textile Association (UKFT), called the threat to UK-made overcoats “hugely...
A spokesperson from the Department for Business, Energy and Industrial Strategy said: “While no government can control global gas...
The offer includes a 10% increase in pay – backdated to January – rising to 11.5% in October, and...
In June, Centrica said it planned to to cut around 5,000 jobs to “arrest the decline” of the company.
Some will say if higher growth and greater cost reductions are possible, why haven’t they happened already? Emma Walmsley...
At the same time, some investors in the firm have voiced concerns that its line-up of products has grown...
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