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The Latest Breaking News from Jeremy Hunt

New York Times accuses ChatGPT maker OpenAI and Microsoft of copyright infringement – as it happened

Rolling coverage of the latest economic and financial news, as news publisher says AI tools use its content without permission

The Guardian - UK

Homes in Jeremy Hunt's constituency hit by Boxing Day water shortage, Thames Water confirms

The Chancellor called the supply issues 'hugely inconvenient'

Evening Standard

James Dyson criticises Tories for not ‘going for growth’ after fall in GDP

Inventor defends economic policies of Kwasi Kwarteng and Liz Truss that sent economy crashing

The Guardian - UK

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James Dyson accuses Rishi Sunak of not ‘going for growth’ as UK at risk of recession

Billionaire inventor says wealth generation and growth have become ‘dirty words’ in government

The Independent UK

From bleak Sunak to bad Santa: the best and worst political Christmas cards

Keir Starmer has his eyes on the prize, Liz Truss looks serene and Boris Johnson lives down to expectations

The Guardian - UK

Blow for Rishi Sunak as revised GDP figures show economy in reverse

PM promised growth as one of five key pledges – but the ONS figures reveal it is going in reverse

The Independent UK

Rail fares in England to rise 4.9%; UK economy on brink of recession; US PCE inflation slows – as it happened

UK GDP fell by 0.1% in July-September, worse than first estimated, raising fears of a recession

The Guardian - UK

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Hunt gives Tory MPs early Christmas present - a hint of tax cuts next year

Chancellor said ministers want to cut the tax burden - still on course to hit a post-war high - “if we are able to”

The Independent UK

UK And Switzerland Seal Financial Services Deal

Britain and Switzerland unveiled a post-Brexit financial services agreement on Thursday, aimed at making it easier for corporate and wealthy people in both countries to do business together.

International Business Times

Hunt hit by higher-than-expected public borrowing despite rise in tax revenues

Analysts blame rises in welfare costs and debt interest bill for monthly deficit of £14.3bn in November

The Guardian - UK

Use obscure Scotland Act clause to 'curtail' SNP spending, Labour peer urges Tories

A LABOUR peer has urged the Chancellor and Alister Jack to use a little-known part of the Scotland Act to “curtail” Scottish Government spending…

The National (Scotland)

Jeremy Hunt strikes post-Brexit banking deal with Switzerland

Treasury claims new finance deal only possible because of Brexit

The Independent UK

Tories savaged for spending HS2 millions promised to north on London potholes

‘Can someone send them a map?’ Ministers mocked for post on money for north going to London

The Independent UK

May general election? The economic case for going early (and clinging on)

Falling inflation and tax cuts in a February budget would signal a spring poll but weak growth and rising mortgage bills bode caution

The Guardian - UK

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International Business Times UK

UK Consumer Inflation Rate Unexpectedly Decreases In November

Jeremy Hunt says that wages will go up as prices go down next year after it was announced that the rate of inflation has decreased to 3.9 per cent.

The Independent UK

Bank of England under pressure to cut interest rates after surprise inflation fall

Labour say more than a million people face higher mortgage payments ‘after the Conservatives crashed the economy’

International Business Times

UK Inflation Hits Lowest Level In More Than Two Years

British inflation has slowed sharply to the lowest level in more than two years on falling petrol prices, official data showed Wednesday, easing a cost-of-living crisis after aggressive interest-rate hikes.

The National (Scotland)

Inflation falls to lowest level in two years but prices remain high

UK inflation eased back to its lowest level for more than two years last month.

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news in one place.

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International Business Times UK

Working Class Households Will Finally Receive Funding To Fight Soaring Energy Bills

As inflation continues to dominate low-income households across the UK, the government have offered to fund their transition towards green energy.

The National (Scotland)

Chancellor faces questions over UK Government's links to case of Michelle Mone

JEREMY Hunt has said any allegations of illegality should be reported to the police as Labour challenged him over the case of Baroness Michelle…

Evening Standard

Stamp duty raised from property sales in London hits a record £5.6 billion

Westminster alone delivered £765 million in stamp duty receipts to Jeremy Hunt

Evening Standard

Jeremy Hunt to hit imports of iron, steel and cement with new green border tax to stop UK firms being undercut

The Chancellor said the UK would implement a new import carbon pricing mechanism by 2027 to support the decarbonisation drive

The Guardian - UK

Anger as Sunak scraps dedicated minister for disabled people

No 10 will pass responsibilities to an existing member of government, which charities say is ‘retrograde move’

The Independent UK

Jeremy Hunt’s tax cuts will add just 0.25% to UK GDP, Bank of England says

In a damning assessment of the chancellor’s fiscal shakeup, the Bank of England said the measures ‘could’ boost national output by a quarter of a per cent

The Guardian - UK

Currys boss: minimum wage hike shows government does not ‘care’ about retail

Planned 10% UK increase as business rates rise will put pressure on already overburdened industry, says Alex Baldock

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