With polls predicting electoral disaster for Tories, chancellor says ‘economy would be more successful if we had more competitive taxes’
The Chancellor Jeremy Hunt has dangled the prospect of big tax cuts in his March budget, in what is seen as one of the last opportunities for the Conservatives to claw back Labour’s huge opinion poll lead.
In his first public comments on his budget strategy, Hunt made clear that only unexpected bad news over the coming weeks would prevent him from answering the call from Tory MPs for a substantial giveaway ahead of what is expected to be an autumn general election.
