Jeremy Hunt’s ‘slimmed down’ March budget plan cannot hold so close to a general election, says Dan Wootton

Dan Wootton says there is much to lobby for in the Tory Party
Dan Wootton says there is much to lobby for in the Tory Party

The doom monger in chief Chairman Hunt – who seemingly gets high on a high tax agenda – was back today, spreading gloom about our economy…

Published

The doom monger in chief Chairman Hunt – who seemingly gets high on a high tax agenda – was back today, spreading gloom about our economy…

But what High Tax Hunt isn’t telling you is that there’s increasingly good news coming about our finances, with the clamour for the Conservative party to return to a tax cutting agenda rightly growing.

For example, the Bank of England has actually made £3.8 billion in profits from the £19.3 billion of gilts purchased last year to stabilise the UK debt market.

That adds to the £11 billion the Treasury raked in thanks to an unexpected 0.1 per cent growth rate in November.

Meanwhile, the government’s energy price guarantee is now estimated to be £10 billion cheaper thanks to fast falling international prices.

In other words, there’s no excuse for Hunt to keep the tax burden on Brits at the highest level since World War Two, effectively securing the election for the Labour party.

Cue a leak to The Guardian’s Pippa Crerar…

…insisting that Hunt is planning a “slimmed down” March budget with no immediate tax cuts.

Well, that position simply cannot hold so close to a general election.

And the loyal Trussites, who, like me, believed Liz’s low tax/high growth agenda was the right one, are organising and preparing to fight back.

We’ve already seen some prominent Truss cabinet ministers emerge from hiding in the media, including on this show, to try and change the misconceptions around Trussonomics…

Now this group is formally organising, with Politico reporting today that dozens of Tory MPs, including Liz Truss herself, gathered in the office of Simon Clarke, who we saw there, to launch the Conservative Growth Group.

Their goal is to bring back the mission behind Trussonomics, which was so brutally dismissed in the parliamentary party’s antidemocratic coup to install Rishi Sunak and Hunt against the wishes of the party membership.

And there is much to lobby for.

How to watch GB News: We're live on TV on Virgin channel 604, Freesat 216, Sky 512, Freeview 236, YouView 236. Listen wherever you are on DAB+ Radio, or if you haven't already, just download the GB News App to watch live, get breaking news alerts and catch up with all our shows on the go!