Liz Truss poised to drop pledge to increase defence spending, No 10 suggests Vow to hike spending to 2.5 per cent of GDP by 2026 in peril, but promise of 3 per cent – a £100bn budget – by 2030 stands The Independent UK · Oct 18, 2022
The Standard View: Jeremy Hunt faces mammoth task to sell huge spending cuts If it wasn’t already clear, it is now: the Chancellor is in total command of economic policy. Jeremy Hunt’s television address yesterday morning followed by his statement to the House of Commons that afternoon laid bare the near-total repudiation of Liz Truss’s plan for growth. Evening Standard · Oct 18, 2022
Thousands of London pubs could run out of beer as GXO Logistics workers go on strike It’s the latest blow for the beer and pub industry after chancellor Jeremy Hunt reversed a planned freeze in the rate of alcohol duty Evening Standard · Oct 18, 2022
ITV GMB: Martin Lewis forced off air by technical blunder while issuing energy bills advice "We can't lose Martin Lewis, we must protect him at all costs" Nottingham Post · Oct 18, 2022
Energy help you can claim now - including £1,500 grant and money to replace your boiler The new Chancellor Jeremy Hunt has confirmed the Energy Price Guarantee - which is a universal scheme that covers everyone on a variable rate tariff - will be cut from April Daily Mirror · Oct 18, 2022
How the UK Government’s National Insurance change will affect you from next month Chancellor Jeremy Hunt scrapped plans to cut the basic rate of income tax from 20% to 19%. Daily Record · Oct 18, 2022
Liz Truss' waning power brings political plots, and jokes This has not been a good week for Liz Truss The Independent UK · Oct 18, 2022
Tory MPs warned of ‘15 years out of power’ if they stick with Liz Truss Position under Truss not recoverable warns MP who calls her ‘catastrophically incompetent’ The Independent UK · Oct 18, 2022
Position of UK's PM, Liz Truss, in doubt after new Treasury chief axes 'Trussonomics' The UK’s new Treasury chief has ripped up the government’s economic plan, dramatically reversing most of the tax cuts and spending plans that new Prime Minister Liz Truss announced less than a month ago. Radio France Internationale · Oct 18, 2022
Britannia rechained: Liz Truss enters her hostage era Jeremy Hunt, resurrected from several political deaths, is apparently the safest pair of hands in the Tory party, says Guardian columnist Marina Hyde The Guardian - UK · Oct 18, 2022
'If I was her I’d pack it in': No comfort for Liz Truss in her own constituency Voters in South West Norfolk constituency say the Prime Minister is out of her depth Wales Online · Oct 18, 2022
British PM Truss vows to carry on as her party support dwindles British Prime Minister Liz Truss warned of tough times ahead after she scrapped her vast tax-cutting plan and said she would carry on to try to put the economy on a stronger footing, defying calls for her resignation. Reuters · Oct 18, 2022
I’ve known Jeremy Hunt for decades — he stood out for steady determination To understand Jeremy Hunt’s position as a chancellor who now leads the country in all but name, let me take you to a dusty hot track in the north of Thailand in the late Eighties. Hunt and I were university contemporaries and he inhabited a world of more stellar young… Evening Standard · Oct 18, 2022
What’s left of the mini-Budget? Bankers bonuses and tax hikes for workers ‘Almost all’ tax plans that have not started to go through parliament are being axed, new chancellor says The Independent UK · Oct 18, 2022
The Guardian - UK · Oct 18, 2022 Trussonomics is dead, but not before laying a trap for Labour The defeat of free market ideology will be worthless if it results in a fear of public spending, says Josh Ryan-Collins of the UCL Institute for Innovation and Public Purpose
Daily Mirror · Oct 18, 2022 Seven reasons to be fearful of your softly-spoken new Chancellor Jeremy Hunt Jeremy Hunt is an emollient, centre-right Tory - but it doesn't make the message he's delivering any sweeter. We look at why you should brace for austerity, high energy bills, and uncertainty over benefit and state pension rates
Daily Record · Oct 18, 2022 Older people may be due up to £974 cash to help with higher energy bills this winter Pension Credit claimants may also qualify for the £150 Warm Home Discount which is paid directly to energy suppliers.
The Independent UK · Oct 18, 2022 Liz Truss’s history of U-turns as PM steps down after just 45 days in power Britain’s short-lived PM was no stranger to about-turns even before she entered Downing Street
Evening Standard · Oct 18, 2022 Families won’t be able to afford to pay mortgages, warns M&S chief Rate rises are the biggest threat to the economy, Marks & Spencer chairman Archie Norman warns
The Independent UK · Oct 18, 2022 ‘She’s out of her depth’ – Views from Prime Minister Liz Truss’s constituency People in Liz Truss’s South West Norfolk constituency have commented on the Prime Minister’s prospects.
Manchester Evening News · Oct 18, 2022 Energy Price Guarantee Scheme - when it starts and who is eligible The Chancellor has brought some major changes to the Energy Price Guarantee
The Independent UK · Oct 18, 2022 Liz Truss almost as unpopular as Prince Andrew as 80% hold ‘unfavourable’ view of PM Net approval of –70 worse than either Boris Johnson or Jeremy Corbyn at peaks of unpopularity
The National (Scotland) · Oct 18, 2022 Martin Lewis warns of staggering energy bill price rise after Tories' U-turn MARTIN Lewis has issued a warning to UK households that they can expect their energy bills to soar in April amid Jeremy Hunt’s budget u-turn.
The Independent UK · Oct 18, 2022 Minister threatens to quit if defence spending commitment is broken New Chancellor Jeremy Hunt would also risk Defence Secretary Ben Wallace quitting if he U-turns on Liz Truss’s spending pledge.
The Independent UK · Oct 18, 2022 What do the government’s tax changes mean for me? From income tax to national insurance, here’s how Liz Truss’s ever-changing economic policies could affect you