Labour proclaims ‘Tory tax bombshell’ as chancellor says 2015 election promise has hampered ability to bring down deficitGeneral election 2017 - live updatesPhilip Hammond has given a strong tip that the Conservatives may ditch their pledge not to raise VAT,national insurance or income tax, saying the flagship 2015 policy had constrained his ability to manage the economy.
The chancellor, or who was recently forced to drop an attempt to raise national insurance for the self-employed,suggested the tax lock had hampered the government’s drive to reduce Britain’s budget deficit. Related: Labour takes to the streets and social media to reach voters Related: Give me general election stress over life as a hermit anytime Related: Conservatives election manifesto 2015 - the key points Continue reading...
Source: theguardian.com