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Jeremy Hunt

  • Labour go on about Liz Truss but are repeating all Rishi Sunak’s mistakes

    Opinion

    Too many in Labour congratulate themselves for rescuing the country from Liz Truss, forgetting that Rishi Sunak and Jeremy Hunt did most of the work. No wonder backbenchers are angry about a policy platform that’s barely distinct form their Tory predecessors, says Will Cooling There’s no shortage of things that have gone wrong with the [...]

  • Scottish Widows owner: Pension funds deal risks making UK like China 

    Economics

    Labour’s flagship deal with pension funds risks making the UK economy more like China, the boss of Lloyds Banking Group has warned after its subsidiary Scottish Widows chose not to sign up to the agreement.  Chancellor Rachel Reeves won the support of 17 pension funds which agreed to invest at least five per cent of [...]

  • The Capitalist: Jeremy Hunt demands toaster back from Rachel Reeves

    Opinion

    Is Rachel Reeves toast? We don't know, but we do know Jeremy Hunt wants his toaster back; catch up on the latest gossip in The Capitalist.

  • Jeremy Hunt ‘made mistake’ in taxing non doms

    June 27, 2025

    Former Chancellor Jeremy Hunt was wrong to target non doms as part of efforts to raise more government revenue from tax, shadow business secretary Andrew Griffith has said.  Hunt abolished a special tax status for non-domiciled residents in his last Budget, then raising £2.7bn, before Rachel Reeves went further by removing a carve-out that allowed [...]

  • Conservatives vow to end oil and gas windfall tax 

    June 12, 2025

    Kemi Badenoch will call for an end to the oil and gas windfall tax, in addition to scrapping Labour’s ban on new oil and gas licences, as she seeks to bolster her pro-growth credentials.  The Tory leader is expected to announce her party will be “standing up for our oil and gas industry,” in an [...]

  • Winter fuel U-turn could lead to ‘unfair’ and ‘complex’ tax system

    June 9, 2025

    Treasury calculations on savings made from a means-tested winter fuel payment for nine million pensioners may be significantly reduced due to a “new complexity in the tax system”, an economics think tank has warned.  The government has claimed that £1.25bn budgeting for winter fuel payments represents a cost reduction of up to £450m compared to [...]

  • UK to miss out on tourism boom due to ‘layer upon layer’ of taxes 

    June 4, 2025

    UK tourism is at risk of suffering a decline as visitors are deciding against going to Britain due to the Treasury’s stringent tax policies, a key industry official has said, in the latest sign of the toll tax hikes are taking. Julia Simpson, the former British Airways chief who now heads up the World Travel [...]

  • Small firms splash out £25bn on tax compliance as HMRC accused of ‘poor service’

    April 22, 2025

    Small firms are set to stump up a combined £25bn on tax compliance this year, a leading industry body has said, as it accused HMRC of failing to answer phone calls or letters.  Calls for a vast reform of the UK’s tax system have come from leading think tanks and policymakers for several years.  But [...]

  • Spring Statement 2025: Rachel Reeves’ popularity nears Kwasi Kwarteng levels 

    March 28, 2025

    Rachel Reeves’ popularity rating as Chancellor has neared Kwasi Kwarteng levels after the mini-Budget, following the Spring Statement on Wednesday. She set out £14bn in welfare and spending cuts in the House of Commons, including a £4.8bn squeeze on benefits, to restore the £9.9bn headroom she had at the Autumn Budget, which would otherwise have [...]

  • Jeremy Hunt: OBR ‘overly exaggerated’ Brexit impact

    March 19, 2025

    Former Chancellor Jeremy Hunt has criticised the Office of Budget Responsibility (OBR) for making “overly exaggerated” claims about Brexit’s impact on the economy.  The OBR released a series of gloomy predictions in recent years claiming that Brexit had stifled growth and wrecked trade.  But Hunt has claimed that leaving the European Union has in fact [...]

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