Jeremy Hunt: Inflation is ‘single greatest barrier to growth’ as UK economy flatlines November 10, 2023 Chancellor Hunt is due to give his Autumn statement on 22 November, with business groups saying he should take action to reduce inactivity in the workforce.
Treasury’s John Glen ‘alarmed’ at tax levels – but won’t support cuts in Autumn Statement November 8, 2023 John Glen has admitted he is “alarmed” at the current level of taxes in the UK but insisted he wouldn’t call for cuts ahead of the Autumn Statement.
‘Tough on crime’: Will Sunak’s law and order focus deliver at the polls? November 7, 2023 The government has denied plans to lock up killers, rapists and grooming gangs for longer are simply a bid for votes ahead of the next general election - but could the policy prove to be a vote winner?
Five things to look out for in Hunt’s Autumn statement November 6, 2023 Theoretically, tax cuts are possible. Thanks to fiscal drag, the public finances are in better shape than most had expected.
Business cheers news that investment tax break could be permanent November 5, 2023 Business groups have welcomed the news that Jeremy Hunt is considering making £10bn investment tax break permanent as part of this month’s Autumn statement.
Jeremy Hunt invokes Johnson and Osborne after criticism of government’s long-term investment October 25, 2023 The Chancellor Jeremy Hunt was forced to defend the government’s approach to long-term investment today after coming under fire at a meeting of City grandees in the Square Mile.
Jeremy Hunt could quit as MP as Tory fears grow over Labour landslide October 22, 2023 Jeremy Hunt is reportedly expected to stand down as an MP ahead of the next general election, in fear of a ‘Portillo moment’.
Liz Truss allies set to publish ‘growth budget’ days ahead of autumn statement October 15, 2023 Liz Truss allies are set to publish their so-called ‘growth budget’ just days ahead of Jeremy Hunt’s autumn statement. The former Prime Minister, who spent just 49 days in power, set up the Growth Commission after leaving Downing Street in a bid to challenge what she termed ‘Treasury orthodoxy’. Now the task force has announced [...]
Jeremy Hunt warns of ‘difficult decisions’ ahead of Autumn statement as interest bill rises October 13, 2023 A massive increase in borrowing would be "reckless and the wrong thing to do," Hunt said, adding that would make reducing the tax burden more difficult.
The City sees the Tories as a ‘bigger risk to business’, says Reynolds October 8, 2023 The Conservative Party is seen by many people in the City “as the bigger risk to the business community”, Labour’s Jonathan Reynolds told City A.M.