Tax and spending cuts will backfire, economists warn Jeremy Hunt

Inheritance tax cut funds should be used to reduce 'stealth tax', Jeremy Hunt told

Inheritance tax (IHT) could be slashed in next week’s Spring Budget, however a former Bank of England adviser is warning such a tax cut would only have a “very small” impact.Dr Roger Gewolb told GB News a reduction of the levy’s current rate threshold would “gain popularity” but also receive a “huge amount of criticism”, and urged the Chancellor to spend the funds on reducing fiscal drag.Recent reports suggest the Jeremy Hunt is floating a cut t…

Jeremy Hunt warned he will lose grey vote unless he cuts income tax in Budget

The Chancellor has sparked furious warnings over the prospect of him settling for a further reduction in national insurance as it won't help pensioners

Tax and spending cuts will backfire, economists warn Jeremy Hunt

Former Treasury aides say the chancellor is courting danger on UK debt and that fiscal rules must go