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The Latest Breaking News from Jeremy Hunt

Rachel Reeves set to borrow billions for investment after announcing major change to fiscal rules

Ex-Tory chancellor Jeremy Hunt warns he was advised by the Treasury that ‘increasing borrowing meant interest rates would be higher for longer – and punish families with mortgages.’

The Independent UK

Reeves to announce major change to fiscal rules releasing £50bn for spending

After weeks of speculation, chancellor will tell IMF in Washington that UK’s debt measure will be redefined to permit borrowing for investment

The Guardian - UK

Reeves ‘WhatsApps’ Hunt and is in contact ‘regularly’ with Blair and Brown

The Chancellor added that she would love to be able to call up the late Alistair Darling – the last Labour chancellor to deliver a Budget.

Evening Standard

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Budget 2024: Public sector pay rise row as borrowing hits £80 billion in blow to Rachel Reeves

Public sector net borrowing in the first half of the financial year rose to £79.6 billion, according to the ONS

Evening Standard

Nick Robinson becomes third BBC presenter to call Jeremy Hunt the C-word live on air

‘I’m so sorry,’ Robinson said after being alerted to the mistake

The Independent UK

'Jeremy C***': BBC presenter apologises after mispronouncing name of Tory MP

A PRESENTER on BBC Radio 4’s flagship Today programme has apologised for mispronouncing the surname of Tory MP and shadow chancellor Jeremy…

The National (Scotland)

Rachel Reeves considers raising tax on vapes in autumn budget

Exclusive: news comes as figures show a quarter of 11 to 15-year-olds in England have tried vaping

The Guardian - UK

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Ministers vow crackdown on rip-off nursery fees

Exclusive: New Labour education minister Stephen Morgan tells The Independent the problem is an issue ‘up and down the country’

The Independent UK

Pressure mounts on Rachel Reeves to drop ‘dangerous’ £1.3bn cut to benefits for disabled

Thousands could lose up to £4,900 a year if the plan is retained in the forthcoming budget

The Guardian - UK

Wednesday briefing: Inside Labour’s plan to move the fiscal goalposts – and tackle debt

In today’s newsletter: Rachel Reeves calculates that changing debt rules could help boost the UK economy, but what does it really mean?

The Guardian - UK

OPINION - Why is it all going so wrong for Rachel Reeves?

The Chancellor faces scrutiny with her first Budget looming. Questions remain about her strategy and economic plans

Evening Standard

Rachel Reeves warned potential £50bn spend could cause interest rates to surge

The government is considering changing its fiscal rules to give it more room to borrow

The Independent UK

Cleverly says it was a mistake for Sunak to say he would ‘stop the boats’ because that was ‘unachievable target’ – as it happened

Former home secretary says the phrase ‘stop the boats’ was ‘an error’ and it was too complicated a problem to distil into a soundbite

The Guardian - UK

Rachel Reeves watering down non-dom tax changes would be ‘sensible and pragmatic’, tax experts say

The chancellor is considering rowing back on Labour’s manifesto promise to scrap concessions

The Independent UK

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The Guardian - UK

Labour’s policy on non-doms mostly copied from Conservatives, say Whitehall sources

Rachel Reeves said to have dismissed concerns about policy, even though it contained ‘basic errors’

The Guardian - UK

How Rachel Reeves could release billions more for investment in the budget

The chancellor has signalled that she may change some of the government’s fiscal rules in her speech. What are they – and what could that mean?

International Business Times

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

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.

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The Guardian - UK

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

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 Independent 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 Guardian - 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 Independent UK

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

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

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