Autumn Statement 23: Jeremy Hunt cuts NI for 27 million people

Speaking in the House of Commons, Hunt said after tax income has gone up by 25% but the Conservatives have "delivered the biggest business tax cut since the 1980s". The new measure will be implemented from 6 January "so people can see the benefits in their payslips from the start of the New Year". He said the changes mean someone on an average salary of £35,000 will save more than £450 a year. "There are high employment taxes on 27 million people, which dis-incentivises the hard work we should be prioritising," Hunt told MPs. "Lower tax means higher growth," Hunt said. He said "dif...