31 minutes | Wednesday, 6 March 2024
It was a budget of few surprises. As promised, the chancellor cut the rate of National Insurance tax by 2p in every pound but admits the overall tax burden is still higher than it has been in the last 70 years. The cuts have been labelled "Tory con" by Labour, which leaves people paying "more for less".On this edition of the Sky News Daily, Niall Paterson is joined by data and economics editor Ed Conway to break down the changes in tax and childcare, and if the chancellor's plan will help the economy.Plus, hear from political editor Beth Rigby about whether the budget can save the Tories from election defeat.Jeremy Hunt has delivered his last spring budget before a general election, hoping to revive the UK economy and his party's hopes of re-election.Producers: Soila Apparicio and Sydney PeadAssistant producer: Iona Brunker Promotion producer: David Chipakupaku Editor: Paul Stanworth