The Latest Breaking News from Jeremy Hunt

Jeremy Hunt has taken a gamble. No doubt, pain is guaranteed for millions of people over the coming years. The tax burden is rising ever-higher as middle earners are dragged into higher rates of tax, while living standards are set to suffer the greatest fall on record. But despite the…

Chancellor Jeremy Hunt announced extra funding for Scotland via the Barnett formula on Thursday.

Britain’s Conservative government is defending its decision to hike taxes for millions of working people in the “squeezed middle” class as it tries to shore up an economy battered by double-digit inflation

A wide range of benefit payments will increase in line with inflation next year

Make no mistake, the contents of this financial statement are hitting the ‘just about managing’ middle classes devastatingly hard. No jam in sight anywhere for the JAMs… By freezing the basic and higher rate income tax thresholds until 2028, the Treasury hopes to raise £6 billion, as this stealth tax…

Lewis is urging people to start budgeting and planning for next year

There will be new cost of living payments for households on means-tested benefits, pensioners and people with disabilities next year

Hundreds of thousands of “squeezed middle” earners across London and the South-East are set to be dragged into the higher 40 per tax band over the next six years after Jeremy Hunt extended the freeze on thresholds in his Autumn Statement.

Support for Mortgage Interest (SMI) is a scheme that usually supports benefit-claiming homeowners struggling to cover mortgage payments - Martin Lewis explains how it works

New warning that burden unlikely to return to pre-Covid level ‘any time in coming decades’

Jeremy Hunt whose Autumn Statement included £24 billion of tax rises