Click to Enlarge
Facebook
Twitter
The Times’s lead story says that Chancellor Rishi Sunak is planning to cut income tax by 2p in the pound or slash VAT rates before the next election. Another option under consideration will be to cut inheritance tax, according to the paper. It adds that Mr Sunak is eager to shed his reputation as a “high-tax, high-spend” chancellor after the pandemic.

Times Front Page 5th of July 2025

Labour’s commitment to safeguarding workers’ pay from tax increases is under strain after the chancellor warned that convenient options for revenue-raising have been exhausted, fuelling concerns of potential financial complications ahead.

Read More »