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The Latest Breaking News from Liz Truss

Hunt unveils new spending cuts, tax hikes to fix UK’s economy

The Treasury chief says the new budget plan prioritises ‘stability, growth and public services’.

Al Jazeera

Autumn Statement: 5 things Scots need to know from Jeremy Hunt's tax rising budget

The Chancellor of the Exchequer said there would be a "shallower downturn" as a result of his measures.

Daily Record

Hunt unveils tax rises and spending cuts as OBR says eight years of growth to be wiped out

Labour describes autumn statement measures as ‘invoice for the economic carnage’ of disastrous mini-budget under Liz Truss

The Guardian - UK

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Jeremy Hunt clobbers ALL Brits with barrage of tax rises and cuts as UK in recession

Jeremy Hunt has announced tens of billions of pounds of cuts and stealth tax rises in the Autumn budget statement - from council tax and income tax to energy bills, minimum wage and the state pension and benefits

Daily Mirror

Autumn Statement: Energy price cap to be lifted as bills set to soar for Scots

Chancellor Jeremy Hunt scaled back the Energy Price Guarantee announced by the previous Tory Government.

Daily Record

UK faces record hit to living standards as tax hikes loom

Britain faces a record hit to living standards this year as surging inflation erodes incomes, the country's budget forecasters warned, after finance minister Jeremy Hunt announced more pain, with tax rises now and spending cuts further ahead.

Reuters

Autumn Statement: Scots hit by stealth tax as National Insurance threshold frozen until 2028

National Insurance thresholds will be frozen until 2028 - but as wages rise it means many more low-paid workers will start paying NI contributions.

Daily Record

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Elon Musk defends his $56 billion Tesla pay package

Elon Musk has defended himself in court over a massive pay package at Tesla, as the billionaire speeds up the restructuring of Twitter following his acquisition. But first, the British finance minister is set to unveil a revised budget plan in parliament. With tens of billions of pounds in tax…

France 24

UK stuck in ‘Tory doom loop’ of emergency budgets, Labour says OLD

Chancellor expected to unveil cuts and tax rises following Liz Truss failure

The Independent UK

Mobiles are ‘potential goldmines’ for hostile states, MPs warned

Commons speaker suggests phones not be taken into meetings as UK cyber security centre issues 10 ‘top tips’

The Guardian - UK

UK unveils emergency budget amid big demands but little cash

Just three weeks after taking office, British Prime Minister Rishi Sunak faces the challenge of balancing the nation’s budget while helping millions of people slammed by a cost-of-living crisis

The Independent UK

Autumn Statement time, what Jeremy Hunt will say and how it could affect you

Chancellor Jeremy Hunt is expected to raise taxes, cut services and allow local authorities to increase council tax bills when he makes Autumn Statement

Chronicle Live

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 can we expect from the Autumn Budget?

Jeremy Hunt expected to deliver harsh package of tax rises and spending cuts to plug £60bn shortfall

The Independent UK

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Wales Online

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

The Guardian - UK

Five charts that will shape the UK’s autumn statement

Plans are afoot to cut government borrowing with the economy on the brink of recession and the highest inflation for decades

Daily Record

Scots campaigners demand Jeremy Hunt ditches plans for billions in spending cuts

The Child Poverty Action Group said it would be "outrageous" to ask vulnerable people to shoulder the UK’s stricken public finances.

Wales Online

MPs warned their phones are ‘goldmines for hostile states’

Speaker's letter of caution comes after reports emerged of Liz Truss’s personal phone being hacked by Kremlin agents

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The Conversation

Inflation: how to improve official predictions – by asking the public

The eagerly awaited autumn financial statement from UK prime minister Rishi Sunak and chancellor Jeremy Hunt includes a key ingredient: a report from the Office for Budget Responsibility (OBR) on the predicted overall effects of the government’s policies on the economy. This is something the Liz Truss government studiously avoided…

The Conversation

Autumn statement 2022: this budget may not cause Truss-level chaos but it could still provoke markets

Liz Truss’s short-lived government presided over an even shorter-lived economic experiment in “Trussonomics”. As investors responded to September’s mini-budget by demanding higher interest premiums to purchase UK debt, the government was unable to execute its plans. Truss was reduced to a helpless bystander as her new chancellor, Jeremy Hunt, started…

The Guardian - UK

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

Daily Record

Date set for Supreme Court to deliver Scottish independence referendum verdict

The Scottish Government asked judges to decide whether the Bill relates to "reserved matters" - meaning it is outwith Holyrood's competence.

Manchester Evening News

Matt Hancock shares text he sent to 'wonderful' Boris Johnson on ITV I'm a Celebrity

The former health secretary revealed what he said to the former Prime Minister after Liz Truss resignation

Wales Online

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

The National (Scotland)

SNP demand inflation-busting spending boost in upcoming Budget

THE SNP have challenged the Tory government to deliver an inflation-busting increase in spending on the NHS and education to avoid a winter…

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Office for Budget Responsibility

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