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The Latest Breaking News from Kwasi Kwarteng

London (AFP) - The pound jumped more than one percent against the dollar Monday as Britain's fourth finance minister in as many months sensationally ripped up a tax-cutting budget that had spooked markets.

AFP

Historic Budget U-turn IN FULL - all Jeremy Hunt's tax announcements at a glance

The new Chancellor confirmed that he would axe all but two key measures from Liz Truss's mini-Budget just over three weeks ago

Daily Mirror

The Big Idea: Do governments really control their economies?

With markets, technocrats and voters on their backs, can politicians change anything?

The Guardian - UK

From analysis to the latest developments in health,
read the most diverse news in one place.

Britain junks budget tax measures as Truss hangs by thread

London (AFP) - Britain's new finance chief Jeremy Hunt on Monday axed debt-fuelled tax cuts to further calm market turmoil, in another major government U-turn that appears to leave Liz Truss's position as prime minister in a precarious state.

AFP

Jeremy Hunt emergency statement in full: Chancellor scraps swathes of disastrous mini-Budget

Jeremy Hunt has ripped up many of the tax cuts announced by his predecessor Kwasi Kwarteng

Evening Standard

Everything you need to know as Jeremy Hunt tears up mini budget and sets end date for energy bill price cap

The mini budget has been almost completely reversed with only two policies remaining

Wales Online

All the Tory MPs calling publicly for Liz Truss to resign - full list

The PM is teetering on the brink of annihilation after sacking Kwasi Kwarteng as Chancellor and ripping up key parts of her economic agenda. We list all the MPs calling publicly for her to quit

Daily Mirror

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UK Treasury chief Jeremy Hunt reverses nearly all tax cut plans

Treasury chief Jeremy Hunt scraps most of an economic package announced by the UK government just weeks ago.

Al Jazeera

Chancellor Jeremy Hunt tears up plans on tax and energy

Chancellor’s race to ‘save’ economy in emergency statement

Evening Standard

Jeremy Hunt reversed ALL of the Liz Truss mini-budget apart from two policies

There two key important measures that have been left untouched by the Chancellors wave of U-turns

Manchester Evening News

'How's Brexit going?' British politics mocked at home and abroad

Britain's political and economic turmoil has been greeted with thinly veiled satisfaction among pro-European and leftist politicians abroad, with some commentators drawing parallels to chaotic Italy.

Reuters

Hunt rips up almost all of mini-budget and scales back energy help

New chancellor scraps virtually all tax cuts, leaving PM Liz Truss humiliated and imperilled

The Guardian - UK

Stamp duty cut will not be reversed says Chancellor Jeremy Hunt

“Almost all” of the tax measures announced in the Growth Plan have been reversed

Evening Standard

Martin Lewis gives verdict on huge Tory U-turn as Jeremy Hunt scraps mini-Budget

New Chancellor Jeremy Hunt announced the government would reverse almost all of the tax measures announced in Prime Minister Liz Truss' economic growth plan three weeks ago

Daily Mirror

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news in one place.

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Daily Mirror

Huge U-turn for self-employed Brits as complicated IR35 tax rules WON'T be scrapped

New Chancellor of the Exchequer Jeremy Hunt has announced this morning that the Government's decision to scrap IR35 tax rules, as set out in the Mini-Budget, is now being reversed

Daily Mirror

Price of beer, cider, wine and spirits to RISE after Chancellor scraps alcohol duty freeze

Chancellor Jeremy Hunt has announced that the Government will scrap plans to freeze alcohol duty from next February, meaning Brits will be paying more for their booze

The Independent UK

Jeremy Hunt: Who is new chancellor and former health secretary?

Treasury chief has signalled he will have a ‘clean slate’ when it comes to re-examining Kwasi Kwarteng’s disastrous mini-Budget, which spooked global financial markets and piled pressure on Liz Truss

The Independent UK

Jeremy Hunt reverses income tax break for millions in latest U-turn on Truss’s mini-Budget

Almost all measures from Kwasi Kwarteng’s mini-Budget junked

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news in one place.

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Daily Mirror

Income Tax: How much you pay explained as workers to miss out on £374 saving

Jeremy Hunt this morning announced another U-turn on the disastrous Mini-Budget, pushing back the 1p cut to Income Tax as he tried to restore market confidence in the Government

Daily Mirror

National Insurance: What you'll pay in tax explained after Jeremy Hunt makes statement

Brits will pay less National Insurance from November 6 as new Chancellor Jeremy Hunt announces the country will stick to plans to trim this tax from 13.25% to 12%

AFP

Pound rallies as UK set to unveil spending plans

London (AFP) - The pound jumped more than one percent against the dollar Monday as Britain's fourth finance minister in as many months prepared to update on UK tax and spending plans that spooked markets in recent weeks.

AFP

Britain fast-tracks fiscal plans as Truss hangs by thread

London (AFP) - Britain's new finance chief Jeremy Hunt will Monday bring forward fiscal measures to further calm markets turmoil, in another government U-turn that appears to have left Liz Truss's position as prime minister hanging by a thread.

The National (Scotland)

How to watch as Chancellor Jeremy Hunt makes a statement on the economy today

The new Chancellor Jeremy Hunt is giving a statement today regarding the Government's "mini budget" unveiled by his predecessor Kwasi…

Manchester Evening News

ITV Good Morning Britain's Richard Madeley defensive as he's accused of 'prejudice' during 'car crash' interview with Susanna Reid

It wasn't just Richard who was on the receiving end of MP Sir Christopher Chope's rath as Susanna also got ticked off

The Independent UK

Liz Truss says ‘it was a wrench to see my friend leave’ after she sacked chancellor Kwasi Kwarteng

PM dispatched her ‘friend’ and chancellor in attempt to regain authority

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