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May and Hammond clash amid tough talks on Autumn Statement

Theresa May

Theresa May and Philip Hammond have agreed measures to help key working class voters in next week’s Autumn Statement after weeks of tense negotiations.

The Financial Times reports the Prime Minister has been insisting on more measures to help so-called “Jams”, those who are “just about managing”.

The Chancellor meanwhile wanted a package of measures to boost infrastructure and increase spending in a downturn, given the backdrop of Brexit uncertainty.

Hammond is expected to honour the Tory manifesto pledge to raise the income tax threshold to £12,500 and to increase the higher rate tax threshold to £50,000.

Other measures planned include a continued freeze in fuel duty, cuts to air passenger duty and childcare subsidies.

One source told the newspaper: “Philip’s view is the traditional way for a Conservative government to help working people is to run the economy effectively”, and added the negotiations with Number had been “heavy going”.

Downing Street and the Treasury told the FT they would not comment on Autumn Statement “speculation”.

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Comments

There are 7 comments at the moment, we would love to hear your opinion too.

  1. Compliance Compliance 16th November 2016 at 9:49 am

    yeah, but what does Clarkson think of it all ?

  2. Is Theresa May a Tory? I think she has taken the Labour mantle. The Labour party is now the UK Communist party and the Lib Dems are their consistent selves. (I leave you to decide what that means). So heaven help us; does that mean the clowns of UKIP are the only right wing party – a bit too right wing I guess for many people’s taste.

  3. I do wish these ‘sources’ would stop leaking this sort of ‘information’. It doesn’t help. I have an exclusive for you – my wife and I had a disagreement about whether we would have a built-in bed into our small bedroom, which she wanted, or a folding bed, which I preferred. She won, of course, but I fought long and hard about it (well for a full minute anyway). Are you at all interested? I thought not!

  4. Car crash just round the corner – can’t believe that un-elected crook May is in charge of this country.

  5. HEADLINE: “May and Hammond clash amid tough talks…”

    First Line: “Theresa May and Philip Hammond have agreed measures…”

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