Sajid Javid Promises To Publish ‘Economic Information’ On Brexit Trade Deal

Osborne, now Evening Standard editor, raised the income tax personal allowance at each of his Budgets, cutting taxes for more and more people as he did so.

Boris Johnson last week announced a similar raise in the national insurance threshold to £9,500 with an “ultimate ambition” to get to £12,500, without setting out a timescale.

But Javid said he was “confident” the government can make progress towards its tax-cutting goal “at each Budget”.

“We want to cut taxes, we’re a tax cutting party,” the chancellor told the Bolton audience.

“We want to make sure that hard working people keep more of their own cash, we’ve done that in the last nine years.

“In my first Budget we will increase the threshold to £9,500, which is a saving of just under £100 per person, for around 30 million people.

“I can’t say to you it will definitely be done in X years of the next parliament.

“But because we want to be prudent with the nation’s finances, we will do it when we can afford it.

“I’m confident that we can keep making progress towards that goal at each budget.”