10/11/2008

PM Hints At Tax Cuts

Number 10 has failed to quell speculation that a cut in taxation is being considered.

Prime Minister Gordon Brown has said he was looking "at everything" that could be done to help people through the downturn.

He told GMTV that tax changes were a matter for the pre-Budget report - which he said would be "in the next few days".

Mr Brown's comments came as Tory leader David Cameron prepares to signal the Tories are to announce plans for tax cuts to help keep people in work.

The Lib Dems have already said they would cut taxes for lower paid people.

Mr Brown said petrol duty had already been frozen and people were already getting £120 back in their income tax following the 10p tax row.

But, he added: "Of course we are going to look at everything but that's a matter for the Budget and the pre-Budget report.

"What I'm determined to do is get all countries around the world trying to get their economies moving again and one way you can do that is by putting more money into the economy by tax cuts or public spending rises but that's something we have go to look at in the next few weeks."

(BMcC)

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