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The Latest Breaking News from Jeremy Hunt

UK economy in ‘horrible bind’ as recession looms with no room for tax cuts, say experts

Britain in for ‘protracted period of high taxes and tight spending’, says Institute for Fiscal Studies

The Independent UK

Tories have no room for tax cuts despite £52bn a year stealth rise, says IFS

UK stuck between weak economic growth and risk of persistently high inflation, says thinktank

The Guardian - UK

Liz Truss to publish her own 'alternative budget' ahead of Jeremy Hunt

BRITAIN’S shortest serving prime minister is to publish her own alternative budget.

The National (Scotland)

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Liz Truss’s ‘growth commission’ to publish alternative Budget

Report will come just over a year after former prime minister’s real Budget caused financial chaos

The Independent UK

‘Inaction man’ Sunak hoping to shed label with hectic autumn schedule

PM to visit India for Cricket World Cup and host AI summit, though an expected reshuffle is likely to be pivotal

The Guardian - UK

Freezing working-age benefits could save £4 billion but come at ‘terrible cost’

A cash-freeze on Universal Credit and other benefits could plunge an additional 400,000 children into poverty, according to research.

The Independent UK

The Guardian view on the austerity delusion: economies cannot cut their way to growth

Editorial: Economics is a religion where rhetoric persuades voters to believe bad policies can have good results

The Guardian - UK

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Jeremy Hunt issues bleak warning on UK economy at IMF conference

Chancellor says high interest rates mean he has had to borrow up to £30bn more than planned

Evening Standard

Doom-laden Hunt gives bleak verdict on UK economy as Bank of England chief warns of ‘tight’ interest decisions

The chancellor said the world is in ‘a very dangerous place’, adding that he is ‘focusing on resilience in the face of those shocks’

The Independent UK

Jeremy Hunt warns of ‘difficult decisions’ ahead as public finances worsen

Chancellor rules out tax rises and vows to cut spending in autumn statement as borrowing rises up to £30bn more than forecast

The Guardian - UK

UK economy set for weakest growth in G7 next year as IMF cuts its forecasts

Higher interest rates to stay as global economy ‘limping along’

The Independent UK

IMF says UK will have weakest growth in G7 next year

But Government says GDP is set to rebound faster than in France or Germany

Evening Standard

Rock star reception for Reeves, the chancellor in waiting

After Kamikwasi and clueless Hunt, Labour knows that her nerdy calm will reassure voters. Even Mark Carney says Britain needs Rachel

The Guardian - UK

OPINION - Tough talking Rachel Reeves is channelling Margaret Thatcher’s image

Ready, steady and go for the shadow chancellor: Rachel Reeves took to the stage in Liverpool in sombre navy trouser suit, a stern figure with glossy helmet of hair. Her message was that Labour, the old party of tax and spend, had been reborn as bearer of a “war on…

Evening Standard

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The Independent UK

Ex-Bank of England boss endorses Labour as Rachel Reeves vows to ‘rebuild’ economy after Tory ‘misrule’

Mark Carney says ‘beyond time’ for a Labour government in major coup for opposition

The Guardian - UK

UK manufacturers call for ‘major MOT’ of business tax and regulation system

Report says many aspects make companies uncompetitive, as chancellor Jeremy Hunt is urged to make reforms

The Independent UK

UK set for biggest tax rise in at least 50 years with £40bn raid – analysis

The Resolution Foundation said taxpayers are set to pay £40 billion a year by 2028.

The Independent UK

Labour’s Rachel Reeves drops flagship business announcement after Hunt intervenes

Chancellor Jeremy Hunt personally told the firms not to get involved with advisory council

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The Independent UK

Jeremy Hunt hits back at Labour hypocrisy claims over HS2: ‘How’s Keir?’

Jeremy Hunt previously said going ahead with the high speed rail line was a ‘great decision’ adding: ‘No HS2 = no ambition for our country’

Evening Standard

Rishi Sunak defends U-turn on HS2 as former premiers lead backlash

PM says he’s a man of his word after days-old video emerges confirming the decision to cancel northern leg of the high-speed railway

The Independent UK

Rishi Sunak faces backlash from former PMs over decision to axe HS2 northern leg

The Prime Minister also found himself reported to police in Scotland over comments made about Nicola Sturgeon in his conference speech.

The National (Scotland)

Senior Tories called out by fact checkers after false claims at conference

THREE claims made by Cabinet ministers at the Conservative party conference have been found to be false by fact checkers.

The Guardian - UK

Tory conference unease grows over Sunak and Hunt’s lack of ambition

MPs express bafflement PM has resolved to do so little since ‘steadying ship’ after Truss’s disastrous tenure

The Guardian - UK

Dear Jeremy Hunt, I have a job but still need benefits and can barely make ends meet. You have no idea

The chancellor talks about ‘life on benefits’ as if it is a choice. The reality is so different, says a participant in the Changing Realities programme

The Guardian - UK

Flip-flopping with the Tories! The cringiest moments of a very cringey conference

Suella Braverman playing foosball and Rishi Sunak’s face in a latte. Welcome to the conference where the fun never started

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