Jeremy Hunt reveals 25 National Insurance tax cut in uncut statement

The video discusses the government's recent tax cuts, specifically a 2% reduction in National Insurance, which aims to alleviate the financial burden on families during a cost of living crisis. While the tax cuts are intended to boost the economy and reward work, the freezing of income tax thresholds poses a challenge, as it effectively increases taxes for many. The government plans to reduce taxes further when feasible, emphasizing the importance of not risking inflation. Additionally, the video addresses the Horizon scandal, highlighting the government's commitment to compensating affected postmasters.

What is the government's stance on inflation and its relationship with taxation?

What measures are being taken to compensate those affected by the Horizon scandal?