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The Latest Breaking News from Jeremy Hunt

More English councils face bankruptcy, leaders warn, as deficits reach £4bn

Budgets ‘under pressure like never before’ due to inflation and rising demand for social care, with deep cuts to services likely

The Guardian - UK

I have a new job, but the thought of universal credit still gives me anxiety

Jeremy Hunt’s plans to toughen the rules for universal credit are nonsensical, says Sharron Spice, who is in her 30s and lives in London

The Guardian - UK

Pay is finally rising faster than prices. But this won’t save the Tories

The government hopes voters can be persuaded to ignore what has happened to living standards. History suggests otherwise, says Larry Elliott, the Guardian’s economics editor

The Guardian - UK

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Pension triple lock under threat as Jeremy Hunt considers lower payments

Chancellor warned against ‘wriggling’ out of promises, as he looks at tweaking payments formula

The Independent UK

Tory grandees gather to pay tribute to Lord Lawson

The former chancellor’s daughter, TV cook Nigella Lawson, was joined by senior Conservatives at the service of thanksgiving for her father.

The Independent UK

UK wages outstrip inflation for first time in two years

Chancellor Jeremy Hunt welcomes ‘good news’ – but unions say only ‘small respite’ for many workers

The Independent UK

Academics challenge Starmer to accept Israel’s siege of Gaza is against international law – UK politics live

Labour urged to clarify its position on collective punishment by 39 academics who say party must confirm it ‘opposes the commission of war crimes’

The Guardian - UK

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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)

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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Evening Standard

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

The Independent UK

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 Guardian - 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 Independent 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’

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Evening Standard

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

The Guardian - UK

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

Evening Standard

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…

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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