Techne UK chief executive Michela Morizzo explains this week’s polls
We use your sign-up to provide content in ways you’ve consented to and to improve our understanding of you. This may include adverts from us and 3rd parties based on our understanding. You can unsubscribe at any time. More info
Jeremy Hunt does not have the confidence of the public, a new poll has shown, with just 39 percent of people saying they back the Chancellor on the economy in the wake of his budget. A poll, conducted by Techne UK for the Daily Express, asked voters who they trust on the economy, between Rishi Sunak and Jeremy Hunt or Keir Starmer and Rachel Reeves.
Just 39 percent of people backed the Mr Sunak and Mr Hunt, 19 percent said they don’t know, while 42 percent said they back Sir Keir and Ms Reeves.
Jeremy Hunt unveiled his spring Budget on Wednesday.
He said the UK will avoid a recession, with the British economy “proving the doubters wrong”.
Speaking ahead of the Budget on Tuesday, former home secretary Priti Patel warned “the Conservative party is nothing if it does not stand for low taxes and sound money”.
But an ERG source told the Daily Express that Mr Hunt’s budget will “limit Labour’s attack lines hugely”.
Mr Hunt used the budget to announce a further £5billion for the Ministry of Defence across the next two years, with £11billion being allocated over the course of 5 years.
Going beyond expectations, Mr Hunt revealed he is scrapping the lifetime allowance on pensions in a move which aims to remove disincentives to work for longer.
The lifetime allowance had stood at £1.07million, with people potentially incurring tax charges as high as 55 percent on pension savings above this.
And in an effort to remove barriers to work, Mr Hunt also unveiled a new package of childcare reforms, worth up to £4billion for parents across the UK.
The reforms include 30 hours of free childcare for kids under five. It will also see the Government hand out subsidies for childcare providers, as part of an incentive to encourage them to deliver free hours.
In his statement to the House of Commons, the Chancellor announced that regulation on staff-to-child ratios will be loosened, so one worker can look after five, rather than four children.
Major boost for Ben Wallace as public back £11bn defence boost[INSIGHT]
BBCQT audience erupts in laughter at MP after Fiona Bruce’s put down [VIDEO]
Hunt speaks out on financial crash fears as markets face meltdown [LATEST]
The Chancellor announced new incentives to get unemployed Universal Credit claimants with no reason not to work will experience more rigorous sanctions if they refuse to take a viable job.
Children in care will also receive extra help when they reach adulthood.
The care relief threshold will be nearly doubled.
The Chancellor also used the Budget to slash the price of pints in British pubs, which he said has been achieved as a result of post-Brexit freedoms.
Source: Read Full Article
Trump, after Twitter attack on ambassador, says his tweets aren't intimidating
Here’s what countries pledged on climate change at Biden’s global summit
Board to begin search for permanent Capitol Police chief
Newspaper Owned By Trump Megadonor Sheldon Adelson Tells President To Concede
Scalise warns Biden economic agenda will make inflation worse: 'They're trying to pour gasoline on that fire'