BBCNEWS Newsday June 4, 2024 00:07:00
To fund this tax cut. so, i've decided the basic rate of income tax will remain at 20% and it will do so indefinitely. and that wasn't it. the very crutch against which the prime minister has lent through weeks of criticism, for help with energy bills for two years — that was watered down, too. the prime minister and i have agreed it would not be responsible to continue exposing public finances to unlimited volatility in international gas prices. so i'm announcing today a treasury—led review into how we support energy bills beyond april next year. there will be more difficult decisions, i'...