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| PMQs live: Jeremy Corbyn accuses Boris of wanting to privatise NHS amid mass Tory rebellion at possible emergency Budget | |
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| The latest updates are: | The latest updates are: |
| Welcome to The Independent’s live coverage of the final Prime Minister’s Questions before the EU referendum next week. It comes as tensions within the Conservative party become even more evident today as around 60 Conservative MPs pledged to vote down the Chancellor’s budget if Britain left the EU. They also said his position would be “untenable”. | Welcome to The Independent’s live coverage of the final Prime Minister’s Questions before the EU referendum next week. It comes as tensions within the Conservative party become even more evident today as around 60 Conservative MPs pledged to vote down the Chancellor’s budget if Britain left the EU. They also said his position would be “untenable”. |
| The pro-Brexit Tory MPs are responding to a warning from the Chancellor – issued on Tuesday evening – that after Brexit he would have to raise the basic income tax by 2 per cent, raise the higher rate by 3 per cent, and inheritance tax by 5 per cent. | The pro-Brexit Tory MPs are responding to a warning from the Chancellor – issued on Tuesday evening – that after Brexit he would have to raise the basic income tax by 2 per cent, raise the higher rate by 3 per cent, and inheritance tax by 5 per cent. |
| He also pledged £2.5bn cuts to the NHS budget, defence spending reductions of £1.2bn, and education cuts of £1.15bn. The Chancellor said the budget, based off calculations by the Institute for Fiscal Studies about the impact of Brexit, was necessary to plug a “black hole” in the public finances that would open up. | He also pledged £2.5bn cuts to the NHS budget, defence spending reductions of £1.2bn, and education cuts of £1.15bn. The Chancellor said the budget, based off calculations by the Institute for Fiscal Studies about the impact of Brexit, was necessary to plug a “black hole” in the public finances that would open up. |