Home » Chancellor’s tax cut opens door to early election – and sets a trap for Labour

Chancellor’s tax cut opens door to early election – and sets a trap for Labour

With Jeremy Hunt spending most of his headroom, the next government will be in the tricky position of having to raise taxes or squeeze the public sector

Autumn statement 2023: key points at a glanceUK politics live – latest updates

It was an autumn statement that fired the starting gun on election-friendly tax policies, fuelling speculation that Rishi Sunak was leaving his options open for going to the polls in late spring next year.

Out went the politically divisive idea of a cut to inheritance tax for the wealthiest, and in came a speech with broader electoral appeal: a cut to national insurance and a large increase to state pensions.

Continue reading… The Guardian Read More With Jeremy Hunt spending most of his headroom, the next government will be in the tricky position of having to raise taxes or squeeze the public sectorAutumn statement 2023: key points at a glanceUK politics live – latest updatesIt was an autumn statement that fired the starting gun on election-friendly tax policies, fuelling speculation that Rishi Sunak was leaving his options open for going to the polls in late spring next year.Out went the politically divisive idea of a cut to inheritance tax for the wealthiest, and in came a speech with broader electoral appeal: a cut to national insurance and a large increase to state pensions. Continue reading…