Spring Budget 2024 LATEST — Jeremy Hunt expected to unveil National Insurance cut in £450 cash boost for Brits

JEREMY Hunt will outline the government’s financial plans for the upcoming year tomorrow, with the Chancellor expected to announce a cut to National Insurance.

Mr Hunt looks set to confirm a 2p cut to National Insurance, effective from April, that will see Brits on £35,000 per year save £450.

Over the weekend, Mr Hunt discussed how he wants to use the budget as an opportunity to move Britain towards a “lower tax economy.”

The Chancellor told the BBC’s Sunday with Laura Kuenssberg programme: “I do want, where it is possible to do so responsibly, to move towards a lower tax economy, and I hope to show a path in that direction.”

Other announcements to expect include a freeze on fuel duty and an increase in tobacco prices.

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