How far will Hunt cut taxes?
Coffee House Shots
The Spectator
4.4 • 2.2K Ratings
🗓️ 22 January 2024
⏱️ 14 minutes
🧾️ Download transcript
Summary
James Heale speaks to Katy Balls and Kate Andrews.
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Transcript
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| 0:00.0 | This episode is sponsored by Canacord Genuity Wealth Management, |
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| 0:13.3 | Visit can do wealth.com. |
| 0:15.6 | Hello and welcome to coffeehouse shots. |
| 0:21.3 | I'm James Heeled. |
| 0:22.0 | I'm joined today by Katie Bals and Kate Andrews. |
| 0:24.6 | Now Kate, over the weekend, the Chancellor Jeremy Hunt was talking up the prospect of tax cuts ahead of the March |
| 0:30.2 | budget. I was going to ask you Kate, how much can we take his word on this? |
| 0:34.0 | It's a good question, James. If you don't mind, I'm going to go back a few extra days before we get to |
| 0:38.1 | the weekend because last week we had hints from the Prime Minister when he was in |
| 0:41.8 | Hampshire and Jeremy Hunt when he was at Davos |
| 0:44.7 | suggesting that tax cuts might just be coming down the road once again when we get to the |
| 0:49.2 | March budget. But that kind of subtlety evaporated over the weekend when the Prime Minister wrote for the son on Sunday and the Chancellor wrote for the mail on Sunday and they were quite explicit about more tax cuts. |
| 1:00.0 | Ritchie Scudnack said, it's tax cuts with me, it's tax cuts with Kiyastama. |
| 1:05.0 | And Jeremy Hunt went so far to try to compare his government to Nigel Lawson as Chancellor, who famously |
| 1:10.1 | slashed tax years into Margaret Thatcher's premiership after they had made |
| 1:15.0 | fiscally difficult decisions to get inflation under control. He was trying to |
| 1:18.9 | draw a direct comparison there and I think the idea from this weekend is look tax cuts are |
| 1:24.4 | definitely coming in the March budget. This isn't a huge surprise in the sense that I |
| 1:28.9 | think people have helped for a while that if there isn't a tax offering in the |
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