SPOILER ALERT: The following story reveals major plot points from tonight’s episode of Fox’s Call Me Kat titled “Call Me Fancy Puffenstuff.”
15.11.2022 - 15:39 / dailyrecord.co.uk
Jeremy Hunt will deliver the Autumn Statement on Thursday, where he is expected to raise taxes and cut public spending in order to balance the books. The Chancellor of the Exchequer has warned that everyone will have to pay "a bit more tax" and that "sacrifices" will have to be made following the disastrous mini-budget in September.
Ahead of his statement later this week Hunt declared he will be playing Scrooge, as he sets out his vision to restore financial "stability", with a focus on delivering "certainty" to families and businesses in the wake of the market turmoil sparked by his predecessor's £45billion tax-cutting bonanza.
Liz Truss and Kwasi Kwarteng's mini-budget may have cost the country as much as £30billion, according to the Resolution Foundation, potentially doubling the task at hand for the Chancellor, as he seeks up to £60billion in savings and extra revenue. So, here are a number of policies that could impact you if you live in Scotland:
It's expected the national insurance (NI) thresholds are set to be frozen for another three years from 2025 to 2028. As wages rise it means more people will be dragged into higher rates of NI.
VAT and inheritance tax thresholds could be frozen for another three years by the Chancellor. While the capital gains tax threshold could be halved from £12,300 to just over £6,000, according to reports.
On Sunday, Laura Kuenssberg asked Hunt that freezing thresholds could be a "sneaky" move. He replied: "The principle of my approach is that I'm not going to be hiding anything I do.
"I'm a Conservative Chancellor and I think I've been completely explicit that taxes are going to go up, and that's a very difficult thing for me to do because I came into politics to do the exact opposite.
SPOILER ALERT: The following story reveals major plot points from tonight’s episode of Fox’s Call Me Kat titled “Call Me Fancy Puffenstuff.”
Thousands of wealthy Scots would pay more income tax under plans being seriously considered by the Government.
Emotions continue to rise in the aftermath of Aaron Carter‘s tragic death.
Millions of people across the UK claiming disability benefits from the Department for Work and Pensions (DWP) and Social Security Scotland are set for a bumper payment boost next year following the Autumn Statement.
Chancellor Jeremy Hunt has announced that State Pension, Pension Credit and benefits will be uprated in line with inflation next year. Delivering his Autumn Statement to the House of Commons on Thursday, Mr Hunt confirmed an increase of 10.1% from next April at a cost of £11 billion for the UK Government.
The UK has officially fallen into a recession, which will push more than 500,000 people into unemployment, according to a new forecast from the Office for Budget Responsibility (OBR).
Chancellor Jeremy Hunt announced a series of new cost of living payments to help millions of households across the country mitigate soaring inflation and ever-increasing energy bills. The new cost of living support package is worth £26 billion in 2023-24, in addition to benefits uprating, which is worth £11 billion to working age households and people with disabilities.
Ahead of his Autumn Budget today, Chancellor of the Exchequer Jeremy Hunt is being urged not to raise fuel duty.
Campaigners and Scots politicians have demanded Tory Chancellor Jeremy Hunt ditch plans for over £30bn of public spending cuts.
New figures released by the Department for Work and Pensions (DWP) reveal that more than four million children are living in families which receive Universal Credit. The official data shows that in August, some 4,030,796 children were living in households receiving the benefit - an increase of 124,471 since May when the figure was 3,906,325.
Communities will be left on "the brink of destitution" if Jeremy Hunt carries out plans to slash billions of pounds in public spending, the deputy leader of Scotland's largest council has warned.
Humza Yousaf has written to the UK Health Secretary Steve Barclay asking for more funding to help avert industrial action later this winter.
Joe Gorga is sharing his side of the story about what went down between Jennifer Aydin and him at this year’s BravoCon!
There is a "direct link" between Scots struggling to pay fuel bills and rising food insecurity, a leading charity has warned.
A pensions expert is warning 12.5 million older people across the UK to prepare for a financial blow next week when Chancellor Jeremy Hunt delivers the Autumn Statement. Ray Black, managing director of chartered financial planning firm, Money Minder, suggests there may be “continued restrictions on State Pension uprating”, higher taxes and more controversially, an increase to National Insurance contributions from April announced on November 17.
NBA Commissioner Adam Silver is not saying troubled Brooklyn Nets guard Kyrie Irving is anti-semitic.
Rishi Sunak has met Scotland’s First Minister Nicola Sturgeon for their first face-to-face summit since becoming Prime Minister.
EXCLUSIVE: Billy McFarland, the founder of the notorious Fyre Festival, is out of prison and starting his latest venture – returning to the Bahamas for a treasure hunt.