GB News’s Economics and Business Editor Liam Halligan wants Chancellor Jeremy Hunt to address the hospitality sector as it is currently “getting hammered”.
He spoke on Britain’s Newsroom about what to expect from today’s tranche of measures as Hunt seeks to curry favour with the electorate with a range of economic measures.
He is expected to cut National Insurance by two per cent, a move Liam says is an alternative to cutting the Income Tax rate.
The change could save the average worker £450 a year, adding up to £900 when combined with last year’s move.
Hunt was widely reported to have defied calls from some in Downing Street and many Conservative MPs to reduce income tax, which is more expensive but better understood by many voters.
They were concerned another national insurance reduction would not be enough to boost Prime Minister Rishi Sunak’s party’s dire poll ratings, after the last one failed to move the dial.
