News

Live news: Tankan survey shows rising confidence at Japan manufacturers

Chancellor Jeremy Hunt will attempt to shift attention on Monday from an escalating Conservative conference row over high levels of tax by announcing policies intended to put the Tories on the side of “workers versus shirkers”.

Hunt will seek to change the subject at a conference so far dominated by a clamour from senior Tories — including some ministers — for Rishi Sunak, prime minister, and his chancellor to cut taxes before the election.

The chancellor will guarantee that the national living wage will rise by at least £1,000 next year, meeting a 2019 manifesto commitment to increase pay for the lowest paid to two-thirds of median earnings.

Read more about Hunt’s speech here.

Articles You May Like

China-Russia: an economic ‘friendship’ that could rattle the world
Microsoft to face antitrust charges in Europe over Teams software dominance: report
Bridgewater founder Dalio warns of danger of US debt on Treasury market
Proposed Houston budget puts off recurring fiscal fix
When the customer is not always right