Reacting to figures today showing that inflation is stubbornly high, chancellor Jeremy Hunt said the new numbers “strengthen the case for the government to stick to its guns”. The new figures show the Consumer Prices Index (CPI) rose by 8.7 per cent in the 12 months to May, » Read More
The chancellor Jeremy Hunt has said the government is “on track” to deliver on its promise of halving inflation this year after price rises eased last month. Data published by the Office for National Statistics this morning showed that the Consumer Prices Index rose by 10.1 per cent in the 12 months to March this
Home office minister Chris Philip has dismissed the International Monetary Fund’s (IMF) economic forecast for the UK, claiming the organisation’s predictions are “unduly pessimistic”. Mr Philp, the policing minister, said this morning that the UK has a “track record” of “consistently outperforming” the IMF’s forecasts — that is despite new figures showing the UK economy flatlined in
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
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
A shadow cabinet minister has suggested that the Conservative Party and Jeremy Hunt as chancellor are following Labour’s lead on a number of key budget announcements expected later today. Reports first seen in The Guardian suggest the chancellor will promise to provide 30 hours of childcare a week to working parents of one and two-year-olds
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
Jeremy Hunt and Nadhim Zahawi have been eliminated from the Conservative leadership contest after the first round of voting. Sir Graham Brady, chairman of the 1922 committee announced the results. Here are all 8 of the candidates, and the number of votes they received: Badenoch 40 Braverman 32 Hunt 18 Mordaunt 67 Sunak 88 Truss…
The lead guitarist of the Vamps says the pressure to conform to body stereotypes has had a lasting detrimental impact on his mental health. James Brittain-McVey revealed the pressures of trying to looking a certain way began to take over his life as a teenager. “The first thoughts I’d have when I would wake up…
