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Jeremy Hunt

  • Spring Budget 2024: Hunt doesn’t rule out May election after £10bn tax cut

    March 6, 2024

    Jeremy Hunt has announced the rate of National Insurance (NI) will be cut by two per cent in the Spring Budget as the government gears up for a rocky general election.

  • Spring Budget 2024: Why a May election is now looking less likely

    March 6, 2024

    After Chancellor Jeremy Hunt’s Budget, the tide of May election speculation that temporarily flooded Westminster has, well, swept out again.

  • Spring Budget 2024: Why the OBR forecasts should be taken with a side of salt

    March 6, 2024

    These are just forecasts. They will be wrong. This isn't a criticism of the OBR. Forecasting the performance of a £3.3trn economy over five years is just quite hard.

  • Spring Budget 2024: Renters worry as Hunt coaxes landlords to sell with capital gains tax cut

    March 6, 2024

    Today's Spring Budget saw landlords receive a surprise handout from Chancellor Jeremy Hunt after he cut the rate of capital gains tax applying to residential property by four per cent.

  • Spring Budget 2024: OBR upgrades UK growth forecasts on lower inflation and growing population

    March 6, 2024

    The OBR is markedly more optimistic than the Bank of England and has upgraded next year's prospects are better than expected

  • Spring Budget 2024: British ISA ‘doomed to fail’ as new policy gets mixed reaction

    March 6, 2024

    The British ISA unveiled at today’s Spring Budget has provoked mixed reactions from the finance industry, with some arguing that it is “doomed to fail”. The new British ISA, which will be launched following a three-month consultation, allows savers to invest an extra £5,000 tax-free in UK equities, on top of the £20,000 ISA allowance. [...]

  • Spring Budget 2024 Live: British ISA, NI cuts, higher taxes on business class fliers and child benefit tax changes

    March 6, 2024

    City A.M. will be covering the Spring Budget live from its newsroom in the heart of the City of London so stay tuned for further updates.

  • Hunt’s tax cuts are just traps for Labour

    March 6, 2024

    Hunt's budget has done little to turn Tory fortunes around, but it will make Labour's job harder, writes John Oxley.

  • Spring Budget 2024: Astrazeneca to invest £650m in Cambridge and Liverpool

    March 6, 2024

    AstraZeneca is to invest £650m in the UK, Chancellor Jeremy Hunt has announced in his Spring Budget.

  • Spring Budget 2024: Is levelling up coming to Canary Wharf? Hunt injects £243m into new homes in banking district

    March 6, 2024

    Canary Wharf is set to receive a multi-million pound cash injection to build more homes in the capital’s banking district. 

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