Christy Cooney photograph

Christy Cooney

Use attributes for filter !
Gender Female
Born Youghal
Ireland
SiblingsDaithí Cooney
SongsPaddy Kelly's Brew
Love at the Ending/The Drunken Landlady
Old Man at the Mill
Joe Hill
Shamrock Shore
Log Cabin
Sullivans John
Miller and the Maid
Uncle Nobby's Steamboat
Turn Right at the Bull
Date of Reg.
Date of Upd.
ID1673056
Send edit request

Related searches

christy cooney journalistchristy cooney bbc

Christy Cooney Life story


Christy Cooney is a Gaelic games administrator, who served as the 36th president of the Gaelic Athletic Association. He was elected president at the annual GAA Congress on 12 April 2008 and succeeded Nickey Brennan in the post in 2009 - becoming the 36th president of the GAA.

Tax cuts 'virtually impossible' at present, says Jeremy Hunt

Mar 5,2022 4:09 am

By Christy Cooney and Nick EardleyBBC News

Chancellor Jeremy Hunt has said it will be " virtually impossible" to deliver Tax cuts until The UK economy improves.

A less gloomy economic outlook and The High cost of living had led to calls for measures to reduce The Tax burden in The Autumn Statement in November.

Speaking on LBC, Mr Hunt said The country's high levels of debt left him with some " very difficult decisions".

The UK's debt at 98. 8% of GDP, A Level not seen since The early 1960s.

With The Conservatives well behind Labour in The opinion polls, a debate is playing out about what, if anything, The Party can do to win back ground before a general election, expected as soon as next May.

A significant number of Conservative MPs argue that keeping taxes at historically high levels, particularly given The High cost of living, is a political mistake.

They want ministers to cut Tax - or at least set out a path to doing so.

A slight Fall In Inflation - The rate prices are Rising - Last month also meant The Bank of England kept interest rates at 5. 25% after two years of incremental rises, meaning The cost of national borrowing did not increase as some had expected.

But speaking on The Tonight With Andrew Marr programme, Mr Hunt said that The cost of servicing The country's debt remained higher that it was when he delivered The Spring Budget in March, meaning there was no " extra headroom" for Tax cuts.

" It makes life extremely difficult, " He Said . " It makes Tax cuts virtually impossible, and it means that I will have another set of frankly very difficult decisions.

" All I would say is, if we do want those long-term debt costs to come down, then we need to really stick to this plan to get Inflation down, get interest rates down.

" I don't know when that's going to happen. But I don't think it's going to happen before The Autumn Statement on 22 November, alas. "

It is not surprising that Tax cuts are not being considered right Now - Government insiders have been saying that for months.

But The Treasury is preparing voters for another fiscal event where significant commitments are Unlikely - as ministers continue to prioritise reducing Inflation further.

Figures released on Wednesday showed that Inflation in August stood at 6. 7%, lower than many had feared but still significantly higher than The Target level of 2%.

Tax cuts typically increase demand in The economy and could risk fuelling price rises back up towards levels seen earlier this year.

Related Topics

Source of news: bbc.com

Christy Cooney Photos

Related Persons

Next Profile ❯