At Last, the Budget: National Insurance Cut, Child Benefit Reform & Non Doms No More

The Chancellor Jeremy Hunt has unveiled details of his long-awaited Budget, with tax cuts he's hoping will revive his party's ratings in the polls. Among the key measures: a two percentage point cut to National Insurance contributions, raising the threshold at which child benefit is taxed, abolishing the non-domiciled tax status and introducing a British ISA to encourage more investing in UK stocks. We bring you highlights from Hunt's speech, the response from Labour leader Keir Starmer, plus analysis from Stephanie Flanders, Head of Bloomberg Economics, and John Stepek, who writes Bloomberg's Money Distilled newsletter. Hosted by Stephen Carroll and Caroline Hepker. See omnystudio.com/listener for privacy information.