The Latest Breaking News from Jeremy Hunt

Report reveals North-South divide in numbers of people classed as 'involuntarily inactive'

Britain is the only G7 economy forecast to shrink in 2023, the IMF says, as higher energy prices, rising mortgage costs and increased taxes hit growth.

IMF predicts UK economy will contract by 0.6% in 2023 as Britain looks set to suffer more than most from soaring inflation

The IMF has predicted UK output to shrink by 0.6% this year

The forecast leaves the UK economy languishing behind sanctions-hit Russia

IMF says UK economy is likely to contract 0.6% as rising interest rates and higher taxes take toll

The UK is set to see its economy contract 0.6% this year according to the International Monetary Fund which will be the worst performance of all the advanced nations

Britain's economy will slam into reverse this year as the cost-of-living crisis hits households hard, the International Monetary Fund warns

Opposition sets deadline for government to reveal how much ‘unfair’ tax status is costing Exchequer

The party said it wants the Government to publish details by the end of February of whether it has considered getting rid of the tax status.

The Chancellor, Jeremy Hunt, is an optimist, happy to believe that “when it comes to the innovation industries that will shape and define this century, the UK is powerfully positioned to play a leading role”. His speech at Bloomberg on Friday was full of enthusiastic references to digital technology, life…