The government has been accused of creating a “transparency black hole” after it emerged that Rishi Sunak is under investigation for allegedly failing to declare an interest when being questioned by parliament’s liaison committee on 28 March. Last month, chancellor Jeremy Hunt announced a pilot of incentive payments of £600 for childminders joining the profession
Jeremy Hunt has rejected the “bizarre” suggestion that his budget is aimed at helping the wealthiest one per cent in society following his decision to get rid of the lifetime pension allowance. The lifetime allowance — the total amount workers can accumulate in their pension savings before paying extra tax — was abolished yesterday. » Read
In the Autumn Statement in November, Jeremy Hunt was the proud spokesperson of treasury orthodoxy. Outlining the most austere economic plan announced since George Osborne’s “emergency budget” in 2011, the very presence of “spreadsheet Jeremy” sent well-telegraphed signals to Britain’s financier class. The government’s hedonistic flirtation with Trussonomics — lenders were assured — had been as fleeting
There was a curious apolitical quality to the budget this week. Stood before the commons, a visibly nervous Jeremy Hunt announced the government’s latest fiscal blitz to an atmosphere of detached demur. There were hints of a new activist tilt on tax (see the lifetime pensions allowance rejig for instance), » Read More
Jeremy Hunt has said the UK will avoid recession this year in his Spring Budget announcement, as he announced a series of new fiscal measures. He said: “Today the Office for Budget Responsibility forecast that because of changing international factors and the measures I take, the UK will not now enter a technical recession this
Jeremy Hunt’s announcement on Wednesday, due to be delivered to the House of Commons at 12.30pm, will be the UK’s first budget in well over a year. The last budget was delivered by current prime minister Rishi Sunak in October 2021, three chancellors ago. Since then, British politics has been peppered with “fiscal event” after
The TUC union are calling for an emergency budget to help struggling households, including more help on energy bills. TUC General Secretary Frances O’Grady says: “The chancellor has done almost… The post TUC: UK needs emergency budget appeared first on London Business News | Londonlovesbusiness.com.
As often transpires, the contents of Rishi Sunak’s battered red briefcase were left looking like Westminster’s worst kept secret as today’s Budget enjoyed more trailers than the latest Marvel film… The post FTSE struggles for direction ahead of the Budget appeared first on London Business News | Londonlovesbusiness.com.
