Spring Budget 2024: Jeremy Hunt to cut national insurance rather than income tax as rate windfall fails to materialise UK Economy The Chancellor has repeatedly stressed his determination to bring down the tax burden, which is on course to rise to record levels no matter what Hunt announces in the Budget.
Hunt’s record January surplus isn’t the good news the Chancellor was looking for UK Economy The £9.2bn undershoot on borrowing in the year-to-date is good news, but it won't have a big impact on how much headroom the Chancellor will have in the Spring Budget.