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The Latest Breaking News from Jeremy Hunt

Grassroots Tories hit out at budget and say party is ‘burnt toast’

Jeremy Hunt offered ‘nothing for working people’, say Conservative Democratic Organisation members

The Guardian - UK

Westfield boss backs Labour amid 'utter disappointment' in Hunt's failure to scrap 'tourist tax' in Budget

Scott Parsons, chief operating officer, UK at French-owned Unibail-Rodamco-Westfield, said it was ‘deeply frustrating’ that retail leaders have been ignored

Evening Standard

What is national insurance and should it be scrapped?

The chancellor’s 2p cut in workers’ contributions has prompted suggestions the payments could be axed. What would that mean for you and your money?

The Guardian - UK

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Budget 2024: What is the new UK ISA and when will it be introduced?

A public consultation is currently inviting views on the proposed British ISA

Evening Standard

Mixed Reactions To Jeremy Hunt's Spring Budget Announcement

Jeremy Hunt's Spring Budget evokes mixed responses from the retail industry, highlighting concerns about business rates and calls for more support for grow...

Top News

OPINION - Jeremy Hunt's Budget sold us the Big Lie of British politics — that we can afford our spending

No one wants Jeremy Hunt to be Chancellor. Labour doesn’t, obviously — the party has its own candidate, albeit with largely the same spending plans and fiscal rules. Rishi Sunak doesn’t — he wants to be his own finance minister. The Tory Right still pines for Truss-onomics, the SNP doesn’t…

Evening Standard

Donations to UK political parties nearly doubled to £93m in 2023

Tories and Labour boosted by mega-donors, and fundraising gap between two parties appears to be narrowing

The Guardian - UK

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Child benefit changes 2024: How much are payments and when are they paid?

Hunt has revealed plans to tackle the ‘unfairness’ in the current Child Benefit system

Evening Standard

IFS warns of Labour and Tory ‘conspiracy of silence’ over future tax and spending plans

Toughest outlook for public finances for 80 years means next government must find tens of billions in cuts or tax rises, says leading thinktank

The Guardian - UK

What does the child benefit shake up announced in the Spring Budget mean for your family? Here's everything we know

Changes have been announced to the child benefit system that could leave half a million families better off

GoodToKnow

Income tax likely to go up if national insurance scrapped, Hunt suggests

Labour says chancellor’s ambition to eventually abolish NI would cost £46bn a year, and party questions how move would be paid for

The Guardian - UK

UK politics: Sunak refuses to say how abolition of national insurance would be funded – as it happened

PM says ‘people trust me on these things’ and refuses to be drawn on whether government would forgo entire £46bn raised from measure

The Guardian - UK

Jeremy Hunt vows to pay more capital gains tax on his properties

Chancellor refuses to disclose number of houses owned but says he will pay higher tax rate on proceeds from sales

The Guardian - UK

Hunt’s £20 billion Budget shortfall leaves scrapping national insurance for the birds, warns the IFS

Top economist Paul Johnson says both Tories and Labour need to be more transparent about painful choices ahead

Evening Standard

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The Guardian - UK

UK to have first parliament in modern history with fall in living standards, says thinktank

Household incomes on course to fall despite national insurance cuts in budget, says Resolution Foundation

Evening Standard

'Totally insulting': Pressure mounts on Minister to pay back taxpayer money used to settle libel legal bill

Science Secretary Michelle Donelan paid damages to an academic she falsely accused the academic of supporting Hamas

The Guardian - UK

UK ‘fiscally offside’ by up to £60bn, Citi fears; house prices rise again – as it happened

Rolling coverage of the latest economic and financial news, as economist warns OBR productivity forecasts are much too optimistic

The Guardian - UK

Hunt redefines ‘levelling up’ with focus on Cambridge, Canary Wharf and Surrey

Critics say extra funding to key battleground constituencies proves government ‘happy to ignore regional inequality’

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The Guardian - UK

Thursday briefing: Councils are going broke – but is it really because they went woke?

In today’s newsletter: Chancellor Jeremy Hunt was expected to target ‘unnecessary’ council spending on consultants and diversity projects in his Budget – but here’s the truth

The Guardian - UK

UK’s green power industry receives surprise £10bn pledge

Potential investment by NatPower would create largest portfolio of battery storage projects in Britain

The Guardian - UK

Budget fell far short on UK green investment, experts say

Green economists dismayed by failure to recognise one of the fastest-expanding areas of business

The Guardian - UK

VAT threshold for UK businesses limited by EU rules, Hunt admits privately

Exclusive: Chancellor disappointed some Conservatives with only limited rise in threshold, but said he was restricted by Northern Ireland protocol

The Guardian - AU

‘We deserve better’: what the papers say about Jeremy Hunt’s pre-election budget

UK front pages are split in their verdicts, with some calling it ‘desperate’ and others declaring the economy ‘ready for take off!’

The Guardian - UK

Budget 2024: UK taxes head for highest level since 1948 despite Hunt’s NI cut

Borrowing and stealth taxes fund £14bn giveaway, but public spending squeeze looms after election

The Guardian - UK

Chancellor to raise UK government borrowing to fund budget measures – OBR

Office for Budget Responsibility says national insurance and tax cuts will be paid for by average £8bn-a-year borrowing to 2028-29

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