All the updated news related to paul johnson

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Kwarteng package has ‘biggest tax cuts since 1972’, says leading economist

Kwasi Kwarteng has presided over the biggest tax cut in 50 years, according to one expert analysis, as the Chancellor announced one of the largest tax giveaways in decades. Friday’s fiscal event, billed as a mini-budget despite turning out to ...

23 Sept 2022 at 13:10

City

Chancellor faces choice between borrowing or huge hit to households, say experts

The Chancellor faces a “huge judgment call” on whether to borrow billions more or allow households to face what could be the biggest hit since the 1970s, experts have said. The cost of living is set to soar this year, not least due to the ...

10 Mar 2022 at 01:25

Government under pressure from Labour and economists on cost of living squeeze

Households are set to be £2,620 worse off due to the cost of living squeeze facing the country, Labour will say on Thursday. New analysis from the party – as it launches its local election campaign – comes as the Prime Minister is under ...

31 Mar 2022 at 01:25

Scotland

Family still have hope on anniversary of man’s disappearance

The family of a “wonderful” grandfather who went missing a year ago have said they continue to hope, as police renew their appeal for information on the anniversary of his disappearance. Paul Johnson, now 75, left Hay Fleming Avenue in ...

15 Sept 2022 at 10:11

Freezing fuel duty is a ‘political choice’ by Hunt, says IFS

Jeremy Hunt’s decision to freeze fuel duty rather than funding a cost-of-living pay rise for nurses and other public sector workers is a “political choice”, the Institute for Fiscal Studies (IFS) has said. In his initial Budget ...

15 Mar 2023 at 17:29

Unaccounted for spending would bust Chancellor’s debt rules, says OBR chief

The Chancellor would break his fiscal rules “by a country mile” if he took into account likely increased spending on defence and a continued fuel duty freeze, according to the fiscal watchdog chief. Richard Hughes, chairman of ...

16 Mar 2023 at 12:47

Tories and Labour in conspiracy of silence about post-election cuts – IFS chief

Both the Conservatives and Labour are engaged in a “conspiracy of silence” about public spending after the election, the head of the Institute for Fiscal Studies has said. Paul Johnson, director of the respected think tank, ...

07 Mar 2024 at 13:10

Budget leaves big picture largely unchanged, say experts

A “smoke and mirrors” Budget has left the overall economic picture largely unchanged and a “sour” prospect for whoever wins the next election, two leading economic think tanks have said. The Institute for Fiscal Studies ...

06 Mar 2024 at 17:44

IFS urges Chancellor to explain how he will pay for tax cuts as Budget nears

The Chancellor should resist announcing tax cuts at next week’s Budget unless he can show how he will pay for them, the Institute for Fiscal Studies (IFS) has said. Jeremy Hunt faces continued pressure from ...

27 Feb 2024 at 13:58

A potential abolition of national insurance for workers would not come for years

Labour has repeatedly said that Prime Minister Rishi Sunak is planning a £46 billion “unfunded” tax cut, comparing that with the £45 billion of “unfunded” tax cuts which Liz Truss’s government announced. ...

23 Apr 2024 at 12:27

Hunt: Santa would be left with debt and fewer toys if he followed Labour’s plans

Santa would have fewer toys to give out next year and debt interest to pay if he adopted Labour’s borrowing plans, according to Jeremy Hunt. The Chancellor took aim at the Opposition by trying to ...

19 Dec 2023 at 12:45

Landlords call for Budget tax breaks to boost supply and control rents

Private sector landlords have called on Rachel Reeves to give them new tax breaks to help keep rents down and boost the supply of homes. In a letter to the Chancellor ahead of the Budget, ...

17 Oct 2024 at 06:59

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