Chancellor Jeremy Hunt to meet lenders as mortgage crisis worsens Housing Chancellor Jeremy Hunt will ask banks if they can do more to support struggling households after a shock interest rate hike deepened the mortgage crisis. He is meeting large lenders including HSBC and Santander in Downing Street this morning as the government comes under pressure to relieve the pain. Prime minister Rishi Sunak and Hunt [...]
Chancellor Jeremy Hunt: Conservatives will cut taxes again in autumn ‘if we can’ UK Economy Speaking to the Financial Times, the Chancellor said further tax cuts were on the table for an autumn fiscal event, but stressed it would depend on "responsible management of the economy".
Relief as UK Chancellor Jeremy Hunt extends VCT and EIS sunset clauses Autumn Statement Chancellor Jeremy Hunt confirmed that the Venture Capital Trusts and Enterprise Investment Scheme sunset clauses would be extended to 2035 as part of today’s Autumn Statement.
‘Budget for growth’: Chancellor Jeremy Hunt rolls pitch for Spring statement March 14, 2023 Chancellor Jeremy Hunt has said his spring statement will be a “budget for growth” as he prepares to set out key measures to support firms and families with the cost of living crisis. Hunt will make his annual budget statement in the House of Commons on Wednesday. He is expected to focus on efforts to [...]
Chancellor Jeremy Hunt says Bank must act – even if hikes slow UK economy May 26, 2023 Chancellor Jeremy Hunt has backed interest rate hikes being used to calm soaring inflation even if they increase the risk of pushing the UK into recession. Mr Hunt insisted in an interview aired on Friday that the “only path to sustainable growth” is to bring down the high prices behind the cost-of-living crisis. The Bank [...]
Analyst: Why Chancellor Jeremy Hunt has less headroom than he thinks on the public finances March 20, 2023 THE OFFICIAL Treasury watchdog may be repeating its mistake of over-estimating UK growth, Deutsche Bank analysts have warned, with the forecasting miss potentially wiping out Chancellor Jeremy Hunt’s spending power in years to come. In forecasts published by the Office for Budget Responsibility last week, the watchdog said it expected UK GDP groth to settle around 1.75 [...]
New chancellor Jeremy Hunt given ‘clean slate’ to fix mini-budget October 15, 2022 Less than 24-hours into the new job, chancellor of the exchequer Jeremy Hunt has been given a ‘clean slate’ to amend the controversial mini-budget. Speaking to BBC Radio 4’s Today programme this morning, Hunt singled out two key blunders in September’s mini-budget which rattled markets and public confidence with £45bn worth of tax cuts. “There [...]
Jeremy Hunt to set out spring budget on March 6 December 27, 2023 Chancellor Jeremy Hunt has announced he will set out a spring budget on March 6.
Hunt confirms Tory commitment to pensions triple lock March 24, 2024 Chancellor Jeremy Hunt confirmed today that the pensions triple lock will be renewed if the Conservatives win the next election.
Jeremy Hunt signs ‘groundbreaking’ financial services agreement with Switzerland December 22, 2023 Chancellor Jeremy Hunt has signed what he called a “groundbreaking” deal with Switzerland on financial services.