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The Latest Breaking News from Jeremy Hunt

Elon Musk Tells Followers to Avoid the UK After Country Refuses to Invite Him to Top Investment Summit

Elon Musk is hitting back at the UK government for not inviting him to the International Investment Summit in October despite not attending last year's event.

Latin Times

Labour crackdown on non-doms may raise no money, officials fear

Exclusive: Watchdog may conclude that emigration of wealthy individuals could actually cost Treasury revenue

The Guardian - UK

Corporate UK tax breaks to cost £20bn more than they generate, study finds

Exclusive: Relief rolled out in 2023 will cost £30bn in taxes but spur only up to £10.5bn investment, analysis shows

The Guardian - UK

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read the most diverse news in one place.

Ten years after the no vote, can Scotland engineer a case for independence?

The SNP is keen to keep the issue alive, but others, including former PM Gordon Brown, say leaving the UK could see the economy founder

The Guardian - UK

Boris Johnson called Tory MPs ‘chicken s***’ over Dominic Cummings criticism, memoir claims

In a memoir about his time leading the 1922 Committee , Sir Graham Brady has laid bare the backroom deals behind the most turbulent decade in Tory history

The Independent UK

Rachel Reeves is right to scrap Jeremy Hunt’s gimmicky British Isa

Good riddance to Hunt’s muddled and pointless creation – prodding pension funds may do more to wake up the UK stock market

The Guardian - UK

Civil service chief backs UK government claim of £22bn shortfall

Simon Case criticises Tory government’s failure to hold regular spending reviews in letter to Jeremy Hunt – who had challenged figure

The Guardian - UK

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Cabinet Secretary backs Labour in ‘Tory £22bn black hole’ row

Simon Case rebukes Conservatives for suggesting Labour exaggerated state of public finances

The Independent UK

Home Office criticised over ‘woefully’ understated Tory asylum budgets

An IFS report vindicates Labour concerns that it inherited a worse financial situation than previously thought

The Guardian - UK

Tuesday briefing: Will the public buy Labour’s plan to pin difficult decisions on the Tories?

In today’s newsletter: After his honeymoon period, Keir Starmer tries to sell hard choices to voters

The Guardian - UK

Reeves can point to ONS public finances report as cover for a harsh budget

October review is expected to be eye-wateringly severe, but chancellor will draw on official data to make her case

The Guardian - UK

UK government borrowing hits higher than expected £3.1bn in July

Figures come amid row between Labour and Conservatives over true state of public finances

The Guardian - UK

Rachel Reeves planning to raise taxes and cut spending in October budget

Chancellor insists she still has large black hole to fill despite stronger than expected growth in first half of 2024

The Guardian - UK

GDP growth is strong but it masks UK plc’s deep-seated structural problems

Rachel Reeves must show how the Tories failed to tackle longstanding productivity, investment and trade deficits and stress how Labour can

The Guardian - UK

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The Guardian - UK

Reeves should nail down UK AstraZeneca deal. A collapse would be embarrassing

Chancellor hopes to cut state aid for Speke vaccine plant to £40m. But pro-growth Treasury must not let project slip overseas

The Independent UK

Jeremy Hunt accuses Rachel Reeves of preparing to use inflation rise as cover for ‘planned’ tax hike

Shadow chancellow took a swipe at the woman who replaced him last month, saying she must not use the latest data to bring in ‘tax rises she had planned all along’

The Guardian - UK

Blow to AstraZeneca vaccine project as Reeves plans funding cuts

Chancellor reportedly seeking to cut £20m from the £65m promised by Hunt to Merseyside manufacturing plant

The National (Scotland)

Kemi Badenoch comes out top among Tory leadership contenders in new party member poll

NEW polling has found Tory leadership contender Kemi Badenoch is the most popular shadow cabinet minister among Conservative members.

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The Guardian - UK

Green party’s ‘progressive politics’ leaves members out in the cold

Letters: Readers respond to a piece by Neal Lawson on the party’s decision to expel activists who united to oust Jeremy Hunt

Evening Standard

Jury out on Chancellor Rachel Reeves, new poll shows after '£22 billion black hole' row

Ms Reeves clashed with her predecessor Jeremy Hunt over the public finances

The Conversation

Why Rachel Reeves can’t seem to make her ‘£22bn black hole’ narrative convincing

Rachel Reeves had hardly stepped down from the dispatch box to make her first big statement as chancellor of the exchequer before facing a furious backlash. She had claimed to have discovered a £22bn hole in public finances upon taking office and was using it to explain why the new…

The Guardian - UK

Bank of England dismisses Tory claims public sector pay rises will stoke inflation

Bank’s governor says planned awards of 5-6% would have relatively small impact on headline inflation

International Business Times UK

Netizens Call For Immediate Cut Of MP Salaries And Expenses After Rachel Reeves Leaves 10M Pensioners 'Out In The Cold'

Reeves claimed the public finances face an extra £22 billion hole inherited from the Conservatives and warned of "difficult decisions" ahead

The Guardian - UK

Two City firms team up to invest £20bn of pension funds in UK businesses

Phoenix Group and Schroders will target fast-growing green energy, windfarms, solar, property and small business

The Independent UK

Rachel Reeves confirms taxes will rise in her first budget in October

Ahead of her first budget, Rachel Reeves refused to rule out hiking capital gains and inheritance tax and pursuing pension reform to fill the £22bn black hole in the public finances

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