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The Latest Breaking News from Jeremy Hunt

‘Impossible numbers’: where could Jeremy Hunt’s budget cuts fall?

‘Unprotected’ departments face a 13% real-terms cut – although it may never actually be implemented

The Guardian - UK

Sunak warned unfunded axing of national insurance would harm services

Economists say making the policy an election pledge could cost £40bn, which is badly needed for health, education and elsewhere

The Guardian - UK

The Guardian view on national insurance: these taxes embody a solidarity we still need

Editorial: Jeremy Hunt’s NIC cuts risk weakening the moral foundation on which Britain’s taxation system still relies

The Guardian - UK

From analysis to the latest developments in health,
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UK taxes have reached 1948 levels – but the contrast between the budgets is stark

According to official forecasts, measures in Wednesday’s budget have left tax as a share of national income at 37.1%

The Guardian - UK

The London Stock Exchange's crisis is only getting worse

City Comment: Chief executives are losing faith in the City

Evening Standard

Brexit hitting UK economy and damage set to worsen with new trade barriers, Budget watchdog warns

Impact of leaving EU raised by Office for Budget Responsibility in its detailed analysis of Chancellor Jeremy Hunt’s Budget

Evening Standard

How a Conservative budget failed to help women (again)

A single man would gain £346 from tax cuts, compared with £279 for a woman and just £85 for the typical lone mother

The Guardian - UK

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Jeremy Hunt’s done his best – but his best isn’t nearly good enough

If his family and friends really cared about Jezza’s mental health they would persuade him to quit

The Guardian - UK

Grassroots Tories hit out at budget and say party is ‘burnt toast’

Jeremy Hunt offered ‘nothing for working people’, say Conservative Democratic Organisation members

The Guardian - UK

Westfield boss backs Labour amid 'utter disappointment' in Hunt's failure to scrap 'tourist tax' in Budget

Scott Parsons, chief operating officer, UK at French-owned Unibail-Rodamco-Westfield, said it was ‘deeply frustrating’ that retail leaders have been ignored

Evening Standard

What is national insurance and should it be scrapped?

The chancellor’s 2p cut in workers’ contributions has prompted suggestions the payments could be axed. What would that mean for you and your money?

The Guardian - UK

Budget 2024: What is the new UK ISA and when will it be introduced?

A public consultation is currently inviting views on the proposed British ISA

Evening Standard

Mixed Reactions To Jeremy Hunt's Spring Budget Announcement

Jeremy Hunt's Spring Budget evokes mixed responses from the retail industry, highlighting concerns about business rates and calls for more support for grow...

Top News

OPINION - Jeremy Hunt's Budget sold us the Big Lie of British politics — that we can afford our spending

No one wants Jeremy Hunt to be Chancellor. Labour doesn’t, obviously — the party has its own candidate, albeit with largely the same spending plans and fiscal rules. Rishi Sunak doesn’t — he wants to be his own finance minister. The Tory Right still pines for Truss-onomics, the SNP doesn’t…

Evening Standard

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The Guardian - UK

Donations to UK political parties nearly doubled to £93m in 2023

Tories and Labour boosted by mega-donors, and fundraising gap between two parties appears to be narrowing

Evening Standard

Child benefit changes 2024: How much are payments and when are they paid?

Hunt has revealed plans to tackle the ‘unfairness’ in the current Child Benefit system

The Guardian - UK

IFS warns of Labour and Tory ‘conspiracy of silence’ over future tax and spending plans

Toughest outlook for public finances for 80 years means next government must find tens of billions in cuts or tax rises, says leading thinktank

GoodToKnow

What does the child benefit shake up announced in the Spring Budget mean for your family? Here's everything we know

Changes have been announced to the child benefit system that could leave half a million families better off

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The Guardian - UK

Income tax likely to go up if national insurance scrapped, Hunt suggests

Labour says chancellor’s ambition to eventually abolish NI would cost £46bn a year, and party questions how move would be paid for

The Guardian - UK

UK politics: Sunak refuses to say how abolition of national insurance would be funded – as it happened

PM says ‘people trust me on these things’ and refuses to be drawn on whether government would forgo entire £46bn raised from measure

The Guardian - UK

Jeremy Hunt vows to pay more capital gains tax on his properties

Chancellor refuses to disclose number of houses owned but says he will pay higher tax rate on proceeds from sales

Evening Standard

Hunt’s £20 billion Budget shortfall leaves scrapping national insurance for the birds, warns the IFS

Top economist Paul Johnson says both Tories and Labour need to be more transparent about painful choices ahead

The Guardian - UK

UK to have first parliament in modern history with fall in living standards, says thinktank

Household incomes on course to fall despite national insurance cuts in budget, says Resolution Foundation

Evening Standard

'Totally insulting': Pressure mounts on Minister to pay back taxpayer money used to settle libel legal bill

Science Secretary Michelle Donelan paid damages to an academic she falsely accused the academic of supporting Hamas

The Guardian - UK

UK ‘fiscally offside’ by up to £60bn, Citi fears; house prices rise again – as it happened

Rolling coverage of the latest economic and financial news, as economist warns OBR productivity forecasts are much too optimistic

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