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The Latest Breaking News from Budget

Why This Avis Budget Analyst Remains Bearish Despite Positive Third Quarter Earnings

Due to a surprisingly low $10 a unit per month depreciation figure, Avis Budget Group Inc (NASDAQ: CAR) beat its consenus adjusted EBITDA estimates by 32%.

Benzinga

Where Govt is lacking in post-March 15 reforms

Government urged to spend more to respond to 2019 terror attack.

Newsroom.co.nz

Jeremy Hunt's Autumn budget 2022 predictions in full - how it will hit you

What time is the Autumn Budget 2022? Will the state pension increase in 2023, how will income tax thresholds freeze and will Universal Credit and benefits rise? Will PIP be means tested? Here’s everything you need to know about Jeremy Hunt's statement

Daily Mirror

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Chancellor Jeremy Hunt delays Autumn Budget statement until next month

CHANCELLOR Jeremy Hunt has delayed the Autumn Statement until next month following the appointment of Rishi Sunak as Prime Minister.

The National (Scotland)

€500 payment announced in Budget 2023 extended to thousands more Irish people

The measure was unveiled by Finance Minister Paschal Donohoe on Tuesday

Irish Mirror

What’s left of the mini-Budget? Bankers bonuses and tax hikes for workers

‘Almost all’ tax plans that have not started to go through parliament are being axed, new chancellor says

The Independent UK

How the mini-Budget U-turn will affect your energy bills, mortgages, and more

A series of government U-turns has changed how it plans to tackle the cost of living crisis

Manchester Evening News

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Martin Lewis predicts average energy bill will go up 73% in April after Budget U-turn

The MoneySavingExpert founder warned that the targeted support announced by Jeremy Hunt ' will need to be targeted up into the middle incomes for people to get through this'

Chronicle Live

What’s left of the mini-Budget? Bankers bonuses and tax hikes for workers

‘Almost all’ tax plans that have not started to go through parliament are being axed, new chancellor says

The Independent UK

Wealthy bankers will get big boost to their bonuses despite massive Budget U-turn

The cap on bankers' bonuses will still be scrapped - one of the few changes to survive from the mini-Budget - at the same time as energy bills help is scaled back

Daily Mirror

Energy bills help SLASHED and 1p income tax cut scrapped in gigantic Budget U-turn

In one of the biggest U-turns in British history, Chancellor Jeremy Hunt tore up the Energy Price Guarantee beyond six months, kept Income Tax at 20p and junked almost all of the mini-Budget

Daily Mirror

Banker pay unchained: A bonus for the British economy?

City comment: Jeremy Hunt now has the chance to re-examine the disastrous mini-Budget. He should think twice before scrapping the banker bonus cap.

Evening Standard

Truss could be gone ‘within days or weeks’, say Tory MPs after PM ditches chancellor

Expectation that new chancellor Jeremy Hunt will rewrite Kwasi Kwarteng’s mini-Budget

The Independent UK

Prime Minister Liz Truss to hold a press conference today

It comes amid budget chaos that has seen the Chancellor fly home to the UK

Wales Online

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Daily Mirror

Defiant Chancellor Kwasi Kwarteng says he's 'going nowhere' as Tory mutiny grows

The top Tory admitted there had been 'some turbulence' but insisted he won't quit following the economic turmoil from his calamitous mini-Budget

Daily Mirror

Jacob Rees-Mogg slapped down by No10 and top expert for attacking Tories' budget watchdog

A top economist said Jacob Rees-Mogg was half-right about the government's Budget watchdog being inaccurate... because the economy is actually WORSE than it predicted

Evening Standard

The Leader podcast: How ‘at risk’ is my money?

New Bank of England emergency bond-buying intervention in mini-Budget fallout

Dublin Live

Social welfare Ireland: First double payment announced in Budget 2023 expected next week

The Government are expected to outline the dates for the €1.2 billion worth of lump sum social protection payments today

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Dublin Live

Social welfare: Exact date €400 fuel allowance lump sum will be paid

Heather Humphries confirmed the date for the additional payment which was announced as part of Budget 2023

Irish Mirror

Social welfare Ireland: Six lump sum payments due in November as thousands to get big cash boost

Details were confirmed in Budget 2023

Chicago Sun-Times

First day of City Council budget hearings: CPD hiring, mayor’s staff under scrutiny

The lines of questioning from alderpersons include the size of Mayor Lori Lightfoot’s office (too big, many said) to what the city is doing to recruit and train enough police officers to keep pace with a record number of retirements.

Reuters

Spain's draft 2023 budget bolsters social and defence spending

Spain's cabinet on Tuesday settled on a 2023 draft budget after tough negotiations within the leftist coalition that concluded with increases in social and also military spending, and the extension of free rail travel passes.

The Independent UK

Gove joins assault on Liz Truss package of tax cuts for the rich

‘Wrong values’: Rebel Tories warn PM will struggle to get 45p rate move through parliament

Daily Mirror

Michael Gove warns he could revolt over tax cuts for rich - and benefit cuts for poor

The top Tory demanded a 'course correction, a reset', refused three times to rule out voting against Liz Truss, and warned it will be 'very, very, very difficult' to cut benefits for the poor and tax for the rich

The Independent UK

Kwasi Kwarteng ‘met hedge fund managers for champagne reception hours after mini-Budget’

Financiers allegedly boasted chancellor was a ‘useful idiot’ after drinks reception

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