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The Latest Breaking News from Jeremy Hunt

Chancellor says UK has a 'tough road ahead’ as recession looms

Next week's autumn budget to include tax increases and spending cuts

Wales Online

Six big money changes that will hit your wallet - from Autumn Statement to interest rates

We round up all six of the biggest financial announcements and changes expected over the next few months, including when interest rates and inflation will rise again and what to expect in the Autumn Statement

Daily Mirror

Emily Sheffield: Competence will only get you so far, Rishi — you need a big, bold narrative

At the start of the pandemic, I noted the surging popularity of Rishi Sunak to a former economic adviser to David Cameron. They sagely replied that it was easy to be a popular chancellor when you are giving away money but far harder when you are clawing it back, as…

Evening Standard

From analysis to the latest developments in health,
read the most diverse news in one place.

Kwasi Kwarteng blames Liz Truss for economic fallout as UK recession looms

FORMER chancellor Kwasi Kwarteng has claimed he told Liz Truss she was “going too fast” with the disastrous mini-Budget as it emerged the…

The National (Scotland)

UK on brink of longest recession in history as Tories blamed for their 'disastrous economic record'

Labour and the SNP accused the Conservatives of leading the country through a decade of weak growth and inequality.

Daily Record

All the cost of living help available before Christmas and how to get payments

Poorer households are expected to be hardest hit, while elderly people have reported having to choose between heating or eating

The Independent UK

Truss allies challenge Kwarteng’s claim he tried to slow down tax cuts

One backer of ex-PM says ‘that wasn’t what was going on’, as Jeremy Hunt also appears to dispute version of events

The Guardian - UK

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Kwasi Kwarteng takes swipe at Liz Truss's 'mad' decision to sack him as Chancellor

The former Chancellor refused to apologise for the financial chaos caused by his disastrous mini-budget in September.

Daily Record

Jeremy Hunt plots new age of austerity with sweeping cuts to police and buses

Rishi Sunak and Jeremy Hunt are meeting again today as they look at slashing public spending growth by up to £25bn a year from 2025 - while county councils plan to slash bus routes and libraries and turn off street lights at night

Daily Mirror

Labour attacks Kwarteng’s ‘disgraceful’ claim his mini-budget not to blame for UK financial chaos – as it happened

Latest updates: chancellor Jeremy Hunt also dismisses predecessor’s attempt to wash his hands of role in financial turmoil

The Guardian - UK

UK economy shrinks as economists warn of more pain to come

Statistics show that Britain’s economy shrank in the three months to September, and forecasters are warning of many months of contraction to come

The Independent UK

UK economy shrinks amid fears of longest recession since records began

Chancellor Jeremy Hunt says ‘tough rough ahead’ as he prepares to slash public spending

The Independent UK

Kwasi Kwarteng facing fresh calls to apologise after distancing himself from botched budget

He criticised Liz Truss’s ‘mad’ decision to sack him as chancellor for implementing her tax-cutting policies

Evening Standard

Anne McElvoy: Will Sunak-Hunt be an affair to remember?

New neighbours the prime minister and chancellor have a range of forbidding challenges ahead that would test even the most robust relationship

Evening Standard

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The Independent UK

Chancellor: Autumn budget among ‘biggest responsibilities’ of political career

Writing in his local paper, the Chancellor offered little clue of what measures he was planning on November 17.

The Guardian - UK

UK civil servants in Whitehall and frontline services vote to strike

Services from passports to pensions could be affected as 100,000 PCS union members to join nurses in wave of stoppages

Daily Mirror

Fury at Rishi Sunak over 'delay to social care costs cap' in Autumn Statement

Fears are growing that Prime Minister Rishi Sunak and Chancellor Jeremy Hunt are poised to kick the cap on social care costs in to the long grass next week - and it may never be revived

The Guardian - UK

Winter power cuts in UK unlikely, says National Grid boss

Worst-case scenario of rolling blackouts unlikely with milder weather and crucial electricity link to France back on line

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The Independent UK

Social care promise in doubt as Rishi Sunak ‘to delay cap on costs until 2025’

PM said to have asked for ‘indefinite’ delay to flagship Tory pledge

Birmingham Post

Why Jeremy Hunt must commit to electrifying Midland Mainline and decent rail links between Coventry, Leicester and Nottingham

Campaigners say East Midlands missing out on £1.26 billion of transport spending each year compared to UK average

The Independent UK

Rishi Sunak told public services need £43bn a year to ‘stand still’

Frontline services ‘short-staffed and overwhelmed’, say TUC

The Guardian - UK

Discipline the poor, protect the rich – it’s the same old Tories, same old class war

Brexit didn’t change the party: austerity was as heartless under Cameron and Osborne as it is under Sunak, says Guardian columnist Aditya Chakrabortty

The Guardian - UK

Jeremy Hunt expected to increase number of Britons paying top tax rate

Move to lower threshold from £150,000 would be in line with Hunt’s vow that tax rises should hit ‘broadest shoulders’

The Independent UK

Martin Lewis Show: Money Saving Expert explains how 300,000 Britons could be missing out on £150

The government has extended the deadline for the final time

Evening Standard

It could cost half a trillion to rebuild Ukraine after Putin’s war, but Britain can’t back out now

The fortunes of war in Ukraine are as uncertain as ever — and of deepening global impact. Heavy losses are reported from all sides. Cities are threatened with blackouts courtesy of strikes by Iranian drones and missiles, on which Russia now increasingly relies.

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