3 Mar 2024

Chancellor rows back plans for Budget tax cuts

Senior Political Correspondent

Next week’s Budget was supposed to be a major moment for the Conservatives in the run-up to the election. But with less money to play with than he initially thought, Jeremy Hunt is having to row back on plans to win over voters with tax giveaways.

In a round of media appearances, the Chancellor was keen to stress it will be a prudent and responsible Budget, and any tax cuts have to be affordable.