Jeremy Hunt has this afternoon delivered the government's Spring Budget, where he promised tax cuts to national insurance and alcohol and fuel duty freezes. Hoping to turn around the Conservative Party's general election hopes as voters head to the polls later this year, the Chancellor announced modest tax cuts, further levelling up funding and additional ISA initiatives.
Mr Hunt announced a variety of fiscal measures that will be rolled out over the next few years - many of which will require the Conservatives to win the next scheduled general election and extend their 14 years in power.National Insurance cut by 2pMr Hunt has announced a 2p cut to National Insurance contributions for employees that will come into effect from April 6. The chancellor has been under pressure, particularly from Tory MPs, to cut taxes currently at a historic high.National Insurance contributions are paid by employees and the self-employed on their earnings, as well as employers. The amount paid depends on an individual's salar
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