"UK Government Plans Tax Cuts and Spending Amid Recession and Election"

TL;DR Summary
UK finance minister Jeremy Hunt is expected to announce a tax cut for workers in the government's last budget before the upcoming general election, despite a struggling economy and soaring government debt. The tax cut, likely to be a reduction in national insurance, comes as the UK faces challenges such as stagnant economic growth, high government debt, and strained public services. The move is seen as a bid to win over voters, but economists warn that the government's plans for public spending may be unsustainable, and cutting future spending on public services to fund tax cuts now could backfire.
- Cash-strapped Britain set to cut taxes for workers as election looms CNN
- UK government delivers preelection budget announcements with economy in recession CNBC
- Budget 2024: The key announcements of Chancellor Jeremy Hunt's speech Sky News
- Budget 2024: key points at a glance The Guardian
- Budget 2024 live: Jeremy Hunt sets out expected tax cuts and spending plans The Guardian
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