Voices: Sunak faces a bumpy slide towards oblivion in 2024 – but there are ways he can put up an election fight
by John Rentoul
Dec 30, 2023
4 minutes
To add to the cacophony of predictions for the year to come, I offer the following: Jeremy Hunt will not cut inheritance tax in the Budget on 6 March. He will take Norman Lamont’s advice and cut income tax, with the gains tilted towards those on lower earnings.
Lord Lamont, the author of the Budget that helped John Major win the 1992 election, told The Daily Telegraph: “The largest number of people should benefit from whatever is possible.” He made the obvious point that an inheritance tax cut “benefits a small number of people”, and said: “I don’t really buy the argument that it’s much hated by everyone.”
The election
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