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Tax cuts in an election year? They can boost consumer confidence and work wonders for a governing party

Written by Robert Gausden, Senior Lecturer in Economics, University of Portsmouth

A budget in the year of an election is a big moment for any government. In 2024, it could be the chancellor of the exchequer’s last chance to try and generate a sense of economic optimism and improve consumer confidence after years of households feeling squeezed by austerity measures and rising prices.

Jeremy Hunt will also be mindful of...

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