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Cameron's tax pledge leaves £7bn hole in public finances

Publié par Clifford Armion le 26/03/2010

Andrew Grice

"David Cameron will make a firm general election pledge to halt next year's planned rise in National Insurance contributions (NICs) for workers and companies, senior Conservative party sources predicted yesterday.

"The move could be the centrepiece of the Tory manifesto. But it would deprive an incoming Cameron government of about £7bn a year of revenue and, to have a credible platform, the party would have to spell out how that would be found.

"Mr Cameron and the shadow Chancellor George Osborne have said that halting the 1 per cent increase in NICs is their top priority but have said they cannot guarantee to do so. It is due to take effect in April 2011."

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Pour citer cette ressource :

" Cameron's tax pledge leaves £7bn hole in public finances", La Clé des Langues [en ligne], Lyon, ENS de LYON/DGESCO (ISSN 2107-7029), mars 2010. Consulté le 04/03/2024. URL: https://cle.ens-lyon.fr/anglais/archives/archives-revue-de-presse/cameron-s-tax-pledge-leaves-7bn-hole-in-public-finances