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The Latest Breaking News from Kwasi Kwarteng

Chancellor Jeremy Hunt delivers Autumn Statement to Parliament laying out package of tax rises worth £24bn and spending cuts of £30bn to plug massive public funding black hole

The Independent UK

Jeremy Hunt says he has not ‘ducked difficult decisions’ as OBR says living standards growth wiped out – as it happened

Chancellor denies postponing financial pain as fiscal watchdog’s figures show eight years of income growth wiped out

The Guardian - UK

UK facing ‘grim economic outlook’ as Jeremy Hunt warned against excessive austerity – business live

Investors and economists warns that markets want to see growth plans as well as fiscal responsibility

The Guardian - UK

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Thursday briefing: What to expect from Jeremy Hunt’s autumn statement today

In today’s newsletter: The new chancellor is primed to announce a package of cuts and tax rises to confront inflation – here’s what you need to know

The Guardian - UK

What time is Jeremy Hunt's autumn statement budget and what will he say

The Chancellor is expected to announce tax rises, service cuts, changes to benefits and pensions and changes to energy bills

Wales Online

Jeremy Hunt's austerity adds fuel to the fire during cost of living crisis

Record View: Hunt will undoubtedly try to blame the war in Ukraine and insist inflation is causing governments around the world to make savings.

Daily Record

Sunak’s growth fetish is a problem: he’s heading for the same budget trap as Truss

The siren call of climate-burning expansion bewitches British politics. More of the same will emerge in the autumn statement, says Tim Jackson, professor of sustainable development at the University of Surrey

The Guardian - UK

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What we can expect from Thursday’s autumn budget

Tax rises, spending cuts and tightening of belts predicted ahead of Chancellor Jeremy Hunt's statement

Wales Online

What can we expect from Thursday’s autumn budget?

The autumn statement will mark an abrupt about-turn on Kwasi Kwarteng’s disastrous mini-budget.

The Independent UK

MPs call for Liz Truss and Kwasi Kwarteng to lose thousands in severance pay

MPS have supported a motion in the Commons calling for Liz Truss and Kwasi Kwarteng to waive at least £6000 of their ministerial severance…

The National (Scotland)

Tory MP tells Labour frontbenchers to 'shut up' and accuses them of 'chirping'

There were audible gasps in the chamber as Paul Howell snapped, with Labour trio Lisa Nandy, Sarah Owen, and Paula Barker seen looking shocked at the unseemly outburst

Daily Mirror

Autumn Statement: What Jeremy Hunt is expected to announce and how it could impact Scots

The Chancellor has warned that everyone will have to pay "a bit more tax" and that "sacrifices" will have to be made.

Daily Record

Jeremy Hunt’s austerity budget: necessity or political choice?

The chancellor insists Britain has to ‘live within its means’ – but many economists say painful cuts are neither inevitable nor proven to work

The Guardian - UK

Labour calls for Truss and Kwarteng to renounce redundancy payments

Lisa Nandy says it would be ‘abhorrent’ for ex-PM and ex-chancellor to keep five-figure sums after disastrous mini-budget

The Guardian - UK

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Evening Standard

The Autumn Statement will show us this Labour Party’s true colours too

The question which is torturing Rishi Sunak and Jeremy Hunt will soon confront the Labour Party. In the Autumn Statement on Thursday the Chancellor will reveal his decisions on taxation. Even allowing for the fact that spending cuts are coming, the burden of taxation will have to fall somewhere. The…

Daily Record

When is the Autumn Statement this week as Jeremy Hunt set to raise taxes

The Chancellor will unveil measures to "put our public finances on a sustainable trajectory" after investors were spooked by Kwasi Kwarteng's budget.

Daily Record

Rishi Sunak refuses to blame Liz Truss for looming tax hikes which will hit Scots

Jeremy Hunt will deliver his autumn statement on Thursday and has already warned the public to expect tax rises.

Evening Standard

UK to be first G7 nation to fall into recession and last to get out - economists

The scale of the UK’s economic crisis was laid bare by a warning from economists

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news in one place.

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Daily Record

We will pay the price of Tory party mess as Jeremy Hunt issues dire warning

The situation is dire but it wouldn’t be so bleak if it wasn’t for Liz Truss and Kwasi Kwarteng’s mini-budget that took the country to the edge due to its unfunded tax cuts for the richest in society.

The Independent UK

Sunak pledges ‘sustainable trajectory’ as Hunt warns of ‘sacrifices’ for all

The Prime Minister said his Chancellor will unveil measures on Thursday that will ‘deliver on the expectations of international markets’.

Evening Standard

Rishi Sunak vows budget will ‘deliver on market expectations’ to avoid further turmoil

The Prime Minister said Chancellor Jeremy Hunt will unveil measures on Thursday that will ‘put our public finances on a sustainable trajectory’.

Chronicle Live

Jeremy Hunt admits he will 'play Scrooge' this winter but never cancel Christmas as budget looms

Ministers have pledged a crackdown on an 'outrageous waste' of public money when Thursday's Autumn Budget rolls around.

The Independent UK

UK’s self-billed 'Scrooge' promises tax rises, spending cuts

Britain’s Treasury chief, Jeremy Hunt, has warned a spending crunch and tax increases are on their way as he bids to fill the “black hole” in the country’s finances

The Guardian - UK

Truss? Brexit? Covid? Who is really to blame for the Tories’ ‘fiscal hole’?

The succession of PMs have all spoken out on who or what has caused the state of UK finances. They’re all partly right, but conveniently miss out one or two other key reasons

The Guardian - UK

Amid fiscal shock and awe, more austerity is the last thing we need

A collapse in credibility under the former Tory PM is being followed by a return to ‘sado-monetarism’ under the new one

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