Tax
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Asked what the Prime Minister’s response was to the Mayor of London’s blueprint for lower taxes, the PMS said a number of tax priorities had been set out, such as increasing the personal allowance to 10,000. This would be prioritised over other tax cuts including inheritance tax. He added that the Prime Minister had said that by instinct he was a low-tax politician who did not think high marginal rates for tax were good for the economy.
Asked about the Mayor’s desire to change union legislation, in particular the threshold on strike ballots, the PMS said that the Prime Minister had previously said he was listening to the arguments on this issue and that the position was unchanged.
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