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The Latest Breaking News from Jeremy Hunt

Rachel Reeves confirms change to debt rule and warns of higher taxes ahead of Budget

Taxes and borrowing are both set to increase as Rachel Reeves signalled she would rewrite the way government debt is measured in her first Budget ...

The National (Scotland)

Budget 2024: Homeowners 'to be hit with high mortgage bills for longer' as Rachel Reeves borrows billions

The Chancellor is also set to announce a string of tax rises in the Budget on October 30

Evening Standard

Reeves confirms change to debt rule and warns of higher taxes as Budget looms

Chancellor Rachel Reeves insisted her first Budget would pave the way for improved public services and ‘rebuild our economy’.

The Independent UK

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Sadiq Khan slashes his minimum ask for transport funding ahead of Labour's Budget

The mayor insisted he will still be demanding ‘as much as I can get’ for TfL, but said the ‘black hole’ in the public finances had to be acknowledged

Evening Standard

Key questions over ‘persnuffle’ kerfuffle as Reeves confirms debt rule change

Rachel Reeves could change the measure used for her debt target, potentially giving her billions more to spend at the Budget.

Evening Standard

Jeremy Hunt claims Labour changing debt definition will ‘punish families with mortgages’ – as it happened

Former chancellor says ‘increasing borrowing means interest rates would be higher for longer’ as Reeves says it will ‘make space for investment’

The Guardian - UK

Kemi Badenoch ‘refused to move’ Tory leadership contest to allow winner budget response

Former business secretary says Sunak and Hunt better placed to respond to Rachel Reeves’ economic policies

The Guardian - UK

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Rachel Reeves to turn on spending taps with Budget boost for infrastructure and clean energy

The chancellor is planning to change the government’s fiscal rules to free up billions of pounds of borrowing, which she will promise to spend laying ‘the foundations of future growth’

The Independent UK

Rachel Reeves set to borrow billions for investment after announcing major change to fiscal rules

Ex-Tory chancellor Jeremy Hunt warns he was advised by the Treasury that ‘increasing borrowing meant interest rates would be higher for longer – and punish families with mortgages.’

The Independent UK

Reeves to announce major change to fiscal rules releasing £50bn for spending

After weeks of speculation, chancellor will tell IMF in Washington that UK’s debt measure will be redefined to permit borrowing for investment

The Guardian - UK

Reeves ‘WhatsApps’ Hunt and is in contact ‘regularly’ with Blair and Brown

The Chancellor added that she would love to be able to call up the late Alistair Darling – the last Labour chancellor to deliver a Budget.

Evening Standard

Budget 2024: Public sector pay rise row as borrowing hits £80 billion in blow to Rachel Reeves

Public sector net borrowing in the first half of the financial year rose to £79.6 billion, according to the ONS

Evening Standard

Nick Robinson becomes third BBC presenter to call Jeremy Hunt the C-word live on air

‘I’m so sorry,’ Robinson said after being alerted to the mistake

The Independent UK

'Jeremy C***': BBC presenter apologises after mispronouncing name of Tory MP

A PRESENTER on BBC Radio 4’s flagship Today programme has apologised for mispronouncing the surname of Tory MP and shadow chancellor Jeremy…

The National (Scotland)

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The Guardian - UK

Rachel Reeves considers raising tax on vapes in autumn budget

Exclusive: news comes as figures show a quarter of 11 to 15-year-olds in England have tried vaping

The Independent UK

Ministers vow crackdown on rip-off nursery fees

Exclusive: New Labour education minister Stephen Morgan tells The Independent the problem is an issue ‘up and down the country’

The Guardian - UK

Pressure mounts on Rachel Reeves to drop ‘dangerous’ £1.3bn cut to benefits for disabled

Thousands could lose up to £4,900 a year if the plan is retained in the forthcoming budget

The Guardian - UK

Wednesday briefing: Inside Labour’s plan to move the fiscal goalposts – and tackle debt

In today’s newsletter: Rachel Reeves calculates that changing debt rules could help boost the UK economy, but what does it really mean?

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Evening Standard

OPINION - Why is it all going so wrong for Rachel Reeves?

The Chancellor faces scrutiny with her first Budget looming. Questions remain about her strategy and economic plans

The Independent UK

Rachel Reeves warned potential £50bn spend could cause interest rates to surge

The government is considering changing its fiscal rules to give it more room to borrow

The Guardian - UK

Cleverly says it was a mistake for Sunak to say he would ‘stop the boats’ because that was ‘unachievable target’ – as it happened

Former home secretary says the phrase ‘stop the boats’ was ‘an error’ and it was too complicated a problem to distil into a soundbite

The Independent UK

Rachel Reeves watering down non-dom tax changes would be ‘sensible and pragmatic’, tax experts say

The chancellor is considering rowing back on Labour’s manifesto promise to scrap concessions

The Guardian - UK

Labour’s policy on non-doms mostly copied from Conservatives, say Whitehall sources

Rachel Reeves said to have dismissed concerns about policy, even though it contained ‘basic errors’

The Guardian - UK

How Rachel Reeves could release billions more for investment in the budget

The chancellor has signalled that she may change some of the government’s fiscal rules in her speech. What are they – and what could that mean?

International Business Times

Elon Musk Tells Followers To Avoid The UK After Country Refuses To Invite Him To Top Investment Summit

Elon Musk is hitting back at the UK government for not inviting him to the International Investment Summit in October despite not attending last year's event.

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