The Latest Breaking News from Jeremy Hunt

The chancellor has presented the government’s economic plans as Britain suffers the highest inflation for 40 years

The Shadow Chancellor Rachel Reeves said Britain 'can longer afford a Conservative Government' after Jeremy Hunt confirmed the UK is now in recession with the economy expected to shrink further in 2023

The increase is being introduced to help battle the cost of living crisis

Jeremy Hunt says energy efficiency will help to stop Britain being at mercy of global gas prices

The Chancellor said his priorities were stability, growth and public services as he delivered the autumn statement

Today’s Autumn Statement was in many ways, and for many people, a bitter pill to swallow. It saw tens of billions of pounds in tax rises and spending cuts announced alongside reduced support for energy bills. The Chancellor promised “difficult decisions”, and he delivered.

Bills will rise by £500 for the average household

Jeremy Hunt's latest announcement in his Autumn Statement could spell disaster for many electric vehicle car owners in the UK - despite the Chancellor of the Exchequer's claims that this decision is "fairer"

The Chancellor, Jeremy Hunt, announced in his Autumn Budget that a cap will continue but the average cost will be increased by £500 per year in April. And it means that bills will soar some more.