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The Latest Breaking News from Jeremy Hunt

Chancellor’s post-Brexit City reforms risk a ‘race to the bottom’

There is a sweeping package of more than 30 reforms

Evening Standard

Martin Lewis warns of ‘huge payment shock’ for millions of homeowners

The MoneySavingExpert founder has warned Brits on cheap fixed deals to brace themselves for sky-high mortgage rates - as many will come off deals taken out when average rates were as little as 2.34% last year

Daily Mirror

UK banking rules set for biggest shake-up in 30 years as Jeremy Hunt axes EU red tape

Jeremy Hunt has announced a package of more than 30 regulatory changes - known as the "Edinburgh Reforms" - which will replace EU regulation and "cut red tape" following Brexit

Daily Mirror

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Martin Lewis warns of ‘huge payment shock’ coming for mortgage holders

TV money-saving expert says he has met with Jeremy Hunt to express concern and discuss solutions

The Independent UK

UK to ease financial regulations in post-Brexit shakeup

Britain is easing banking rules brought in after the 2008 global financial crisis in a bid to attract investment and secure London’s status as Europe’s leading finance center

The Independent UK

UK Government lays out plans to use 'Brexit freedoms' for 'Edinburgh Reforms'

THE UK Government has announced plans to use "Brexit freedoms" to launch a raft of major reforms to the financial sector to replace EU…

The National (Scotland)

Martin Lewis issues mortgage 'payment shock' warning as banks consider aid measures

Money Saving Expert says families will face being unable to pay for their homes

Nottingham Post

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Jeremy Hunt’s City deregulation plans are ‘dangerous’ mistake, warns expert

Sir John Vickers, architect of post-2008 banking reforms, says plans put UK financial stability at risk

The Guardian - UK

Jeremy Hunt insists City reforms do not ‘unlearn the lessons’ of 2008 financial crisis – as it happened

Chancellor Jeremy Hunt has unveiled a package of City policy changes on Friday that rows back on regulations to, he hopes, boost competition and growth.

The Guardian - UK

UK to cut finance red tape and axe EU rules in bid for growth

The Chancellor is in Edinburgh to announce major reforms of UK financial services regulation

Insider UK

Jeremy Hunt launches post-Brexit plan to rip up EU banking red tape

Brussels’ rules ‘choking’ economic growth, claims chancellor – vowing to ‘seize Brexit freedoms’

The Independent UK

Friday briefing: What happens when an ‘Arctic blast’ hits amid an energy price crisis

In today’s newsletter: For millions of people, this month’s sudden drop in temperature couldn’t come at a worse time – this is how some are coping

The Guardian - UK

Jeremy Hunt to outline plans for shake-up of City regulation

Chancellor expected to target senior managers’ regime and ringfencing rules in 30-point package

The Guardian - UK

Mortgage ‘summit’ to discuss payment support for homeowners next year

Chancellor Jeremy Hunt met banking CEOs along with Martin Lewis and the FCA to discuss the issue.

Daily Record

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The Independent UK

Union leader urges troops not to ‘strike break’ ahead of airports walkout

Call comes as TUC boss demands ‘meaningful’ talks on pay with chancellor Jeremy Hunt

The Guardian - UK

Cumbria coalmine approval shows Sunak does not care whether he is seen as green

PM’s commitment to green targets questioned as top climate adviser calls decision ‘absolutely indefensible’

The Guardian - UK

Donate ‘wartime profits’ to Ukraine or pay windfall tax, MPs tell BP

The company, which still owns stock in Russian oil, is being pressured to sever all ties with the country

Evening Standard

Rishi vs the rebels: can Sunak unite the Tory party?

With growing Tory unrest on everything from energy to housing, does the PM have the strength and backing to stare down his backbenchers? Anne McElvoy reports

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The Independent UK

How are PIP rates changing in 2023?

DWP’s Personal Independence Payments to rise by 10.1 per cent from next April to help recipients weather the ever-worsening cost of living crisis

The Guardian - UK

Hunt to urge banks to aid mortgage borrowers amid cost-of-living crisis

Exclusive: Chancellor to meet heads of UK’s major lenders and consumer champion Martin Lewis on Wednesday

Nottingham Post

DWP and HMRC 2023 benefit increases including Universal Credit, Jobseekers Allowance and State Pension

Around 10 million households are set to benefit from the extra financial support

Chronicle Live

Council tax threshold increase will leave authorities with 'difficult choices' warn Labour

Councils were given the new power by Jeremy Hunt in his autumn statement

Evening Standard

Surge in EV demand helps new car market grow 23.5% in November

A jump in sales of Teslas helped EVs hit a one-third share of the total car market

The Guardian - UK

Reversing Brexit now would not help UK economy, says Keir Starmer

Rejoining single market would create even more uncertainty, says Labour leader, who instead wants a ‘better Brexit’

The Guardian - UK

Sunak’s government ‘going backwards’ on green economy, says CBI

Business bosses ‘confused and disappointed’ by PM’s lack of growth plan in face of recession

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