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The Latest Breaking News from Jeremy Hunt

Autumn statement: which tax rises and spending cuts are most likely?

The potential impact of the chancellor’s various options and which ones we think he will pursue

The Guardian - UK

Royal Navy, Army and RAF budgets 'being cut in real terms'

Allowances for government departments will be devalued by inflation, which is currently at 10%

Wales Online

Rishi Sunak ‘set to cut defence spending in real terms’ as inflation soars

The allowance for all departments, including the Ministry of Defence, will rise in line with the 2021 spending review, according to reports.

The Independent UK

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

AA calls for fuel duty cut to be extended

Chancellor Jeremy Hunt is being urged to remember the importance of road transport in next week’s Autumn Statement.

The Independent UK

Austerity 2? No, thank you! Jeremy Hunt warns about another brutal era of cuts in Budget

Another three months of falling growth would mean a recession, with the Bank of England warning it could be the longest downturn for a century

Daily Mirror

The Guardian view on the UK economy: old folly or new folly

Editorial: Next week’s autumn statement will show if Jeremy Hunt has learned anything from George Osborne’s and Kwasi Kwarteng’s failures

The Guardian - UK

Tory tensions over autumn statement erupt as UK heads for recession

Chancellor warns of ‘eye-watering’ decisions to come

The Independent UK

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The Mancunian Way: What's the worth of a wurst?

Read the Mancunian Way newsletter for Friday, November 11, 2022.

Manchester Evening News

Treasury discussing raising energy price cap from April, say sources

Department considers making policy announcement in autumn statement rather than waiting until spring

The Guardian - UK

Nicola Sturgeon says she is 'profoundly concerned' ahead of autumn Budget

Sturgeon described recent political turmoil in Westminster as “sub-optimal”

The National (Scotland)

Nicola Sturgeon ‘profoundly concerned’ ahead of autumn budget

Scotland’s First Minister said the UK was in an “incredibly difficult” position after meeting Rishi Sunak at the British-Irish Council summit.

The Independent UK

DWP Universal Credit boost as claimants could soon get £52 more each month

The Autumn Statement is expected to be set out by Chancellor Jeremy Hunt on November 17 and households will be listening closely to hear how the latest decisions will impact them.

Glasgow Live

Councils set to cut bus routes, libraries and streetlamps as austerity fears grow

Only one in five county councils confident of avoiding bankruptcy next year

The Independent UK

Cash-strapped councils threaten to turn off street lights and axe bus services

A damning survey says barely a fifth of England's county councils are confident they'll avoid 'insolvency' without extra government help - and libraries and recycling centres are in danger

Daily Mirror

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Wales Online

Chancellor says UK has a 'tough road ahead’ as recession looms

Next week's autumn budget to include tax increases and spending cuts

Daily Mirror

Six big money changes that will hit your wallet - from Autumn Statement to interest rates

We round up all six of the biggest financial announcements and changes expected over the next few months, including when interest rates and inflation will rise again and what to expect in the Autumn Statement

Evening Standard

Emily Sheffield: Competence will only get you so far, Rishi — you need a big, bold narrative

At the start of the pandemic, I noted the surging popularity of Rishi Sunak to a former economic adviser to David Cameron. They sagely replied that it was easy to be a popular chancellor when you are giving away money but far harder when you are clawing it back, as…

The National (Scotland)

Kwasi Kwarteng blames Liz Truss for economic fallout as UK recession looms

FORMER chancellor Kwasi Kwarteng has claimed he told Liz Truss she was “going too fast” with the disastrous mini-Budget as it emerged the…

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Daily Record

UK on brink of longest recession in history as Tories blamed for their 'disastrous economic record'

Labour and the SNP accused the Conservatives of leading the country through a decade of weak growth and inequality.

The Independent UK

All the cost of living help available before Christmas and how to get payments

Poorer households are expected to be hardest hit, while elderly people have reported having to choose between heating or eating

The Guardian - UK

Truss allies challenge Kwarteng’s claim he tried to slow down tax cuts

One backer of ex-PM says ‘that wasn’t what was going on’, as Jeremy Hunt also appears to dispute version of events

Daily Record

Kwasi Kwarteng takes swipe at Liz Truss's 'mad' decision to sack him as Chancellor

The former Chancellor refused to apologise for the financial chaos caused by his disastrous mini-budget in September.

Daily Mirror

Jeremy Hunt plots new age of austerity with sweeping cuts to police and buses

Rishi Sunak and Jeremy Hunt are meeting again today as they look at slashing public spending growth by up to £25bn a year from 2025 - while county councils plan to slash bus routes and libraries and turn off street lights at night

The Guardian - UK

Labour attacks Kwarteng’s ‘disgraceful’ claim his mini-budget not to blame for UK financial chaos – as it happened

Latest updates: chancellor Jeremy Hunt also dismisses predecessor’s attempt to wash his hands of role in financial turmoil

The Independent UK

UK economy shrinks as economists warn of more pain to come

Statistics show that Britain’s economy shrank in the three months to September, and forecasters are warning of many months of contraction to come

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