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
