New FTX CEO Describes 'Complete Failure of Corporate Controls' in Scathing Court Filings Plus: Twitter is alive and well, the U.K. considers unprecedented tax hikes, and more... Reason · Nov 18, 2022
Martin Lewis reacts to budget fears for 'squeezed middle' Martin Lewis welcomed some aspects of the budget, but said some people would miss out on help Wales Online · Nov 18, 2022
Updated DWP payment rates from April 2023 for State Pension, PIP, Universal Credit and more benefits The changes to the benefits that people will receive will change from April of next year and comes after Jeremy Hunt's Autumn Statement which he delivered on Thursday (November 17). Edinburgh Live · Nov 18, 2022
Rishi Sunak accused of shielding super-rich by maintaining non-dom tax loophole Jeremy Hunt said it would be the ‘wrong thing’ to abolish the controversial arrangement Evening Standard · Nov 18, 2022
How the autumn statement brought back the ‘squeezed middle’ Respected thinktanks say Jeremy Hunt’s policies will shock Middle England, with higher taxes here to stay The Guardian - UK · Nov 18, 2022
Autumn statement 2022: what Sunak's first big announcement tells us about how he will lead the country Understandably, much of the focus on the autumn statement – the plan for the UK’s finances outlined by chancellor Jeremy Hunt on November 17 – is on its economic impact. But all economic policy making has considerable political significance. The Conversation · Nov 18, 2022
Martin Lewis predicts when new £900 cost of living payments could be paid next year The most vulnerable people will receive extra cost of living payments next year Nottingham Post · Nov 18, 2022
Council tax rise not on cards in Wirral after government allows 5% increase “Why should our council tax payers, particularly the poorest, have to pay for this government’s incompetence?" Liverpool Echo · Nov 18, 2022
'Hidden horrors' in the small print of Jeremy Hunt's Autumn Statement From the highest tax burden since the Second World War, to a £250 bombshell rise for council tax payers Nottingham Post · Nov 18, 2022
Tory rebel Esther McVey fumes Jeremy Hunt could have 'put final nail in election hopes' The former Work and Pensions Secretary said she could not support the tax rises announced in yesterday's Autumn Statement and said that money should be saved on projects such as HS2 Daily Mirror · Nov 18, 2022
Nicola Sturgeon says next year's Scottish Budget will be 'difficult balancing act' NICOLA Sturgeon has said Scotland’s Budget for next year will be a “difficult balancing act”. The National (Scotland) · Nov 18, 2022
UK economy damaged by ‘own goals’ like Brexit and Liz Truss’s Budget, economists say Institute for Fiscal Studies says UK faces ‘long, unpleasant journey’ over next few years The Independent UK · Nov 18, 2022
What does the Autumn Budget mean for young people? The Chancellor Jeremy Hunt announced tax hikes and cuts to public spending in his Autumn Budget, but what impact will that have on young people? Liverpool Echo · Nov 18, 2022
The Standard View: Pain for Londoners as hundreds of thousands to be dragged into higher tax thresholds Jeremy Hunt has taken a gamble. No doubt, pain is guaranteed for millions of people over the coming years. The tax burden is rising ever-higher as middle earners are dragged into higher rates of tax, while living standards are set to suffer the greatest fall on record. But despite the… Evening Standard · Nov 18, 2022
The Independent UK · Nov 18, 2022 Sturgeon: Next year’s Scottish budget will be a ‘difficult balancing act’ Chancellor Jeremy Hunt announced extra funding for Scotland via the Barnett formula on Thursday.
The Independent UK · Nov 18, 2022 Relief meets fear as UK budget calms economy but brings pain Britain’s Conservative government is defending its decision to hike taxes for millions of working people in the “squeezed middle” class as it tries to shore up an economy battered by double-digit inflation
Manchester Evening News · Nov 18, 2022 The full list of benefits going up by 10.1 per cent next year A wide range of benefit payments will increase in line with inflation next year
Evening Standard · Nov 18, 2022 Emily Sheffield: A bad hand played well still leaves Jeremy Hunt with a mountain to climb Make no mistake, the contents of this financial statement are hitting the ‘just about managing’ middle classes devastatingly hard. No jam in sight anywhere for the JAMs… By freezing the basic and higher rate income tax thresholds until 2028, the Treasury hopes to raise £6 billion, as this stealth tax…
Evening Standard · Nov 18, 2022 Martin Lewis: Spring will bring ‘perfect storm’, warns money-saving expert as he delivers his Autumn Statement verdict Lewis is urging people to start budgeting and planning for next year
Nottingham Post · Nov 18, 2022 Who gets the new £900, £300 and £150 cost of living payments There will be new cost of living payments for households on means-tested benefits, pensioners and people with disabilities next year
Evening Standard · Nov 18, 2022 ‘Squeezed middle’ in the South-East will see 900,000 pulled into higher tax band Hundreds of thousands of “squeezed middle” earners across London and the South-East are set to be dragged into the higher 40 per tax band over the next six years after Jeremy Hunt extended the freeze on thresholds in his Autumn Statement.
Daily Mirror · Nov 18, 2022 Martin Lewis explains everything you need to know about new help for mortgages Support for Mortgage Interest (SMI) is a scheme that usually supports benefit-claiming homeowners struggling to cover mortgage payments - Martin Lewis explains how it works
Evening Standard · Nov 18, 2022 Autumn Statement reaction: Higher tax ‘here to stay’ as pain goes on New warning that burden unlikely to return to pre-Covid level ‘any time in coming decades’
Evening Standard · Nov 18, 2022 Jeremy Hunt first Tory behind Labour counterpart as ‘best Chancellor’ for nine years Jeremy Hunt whose Autumn Statement included £24 billion of tax rises
Daily Record · Nov 18, 2022 Billions of pounds of tax rises and cuts are a hammer-blow to the people of this country Writing for the Record, Scottish Labour leader Anas Sarwar accuses the Tory Government of economic mismanagement