Tory row brews as Hunt considers squeezing benefits to fund tax cuts
Benefits claimants could be given a real terms pay cut as Jeremy Hunt tries to find money for pre-election tax cuts. Ministers normally increase payments in line with the previous September’s inflation figures – which this year could be 7 per cent. But the government did not deny that fugure could be squeezed, in anticipation of a fall in the headline rate later this year.
The chancellor is facing a difficult autumn statement in November, with little room for manoeuvre financially. At the same time, however, he is coming under intense pressure from Tory MPs to offer a pre-election tax cut to voters in next Spring’s Budget.
https://www.independent.co.uk/news/uk/politics/jeremy-hunt-tory-tax-cuts-b2408173.html
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