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The Latest Breaking News from Jeremy Hunt

Bank of England warns of longest recession in 100 years as it raises rates to 3%

UK economy faces ‘very challenging outlook’ with recession now expected to last until middle of 2024

The Guardian - UK

Non-dom tax breaks being reviewed by the Treasury in effort to raise revenue

Officials are also looking at incorporating cut in tax-free allowance for dividends into autumn statement

The Guardian - UK

Just when refugees thought Manston couldn’t get any worse, here comes Leaky Sue

Home Office fiascos are coming so thick and fast they obscured the futility of Suella Braverman’s visit to the refugee centre

The Guardian - UK

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Britain facing ‘prolonged pain’ as Bank says recession could stretch into 2024 OLD

‘Everyone will be affected’: Hike in housing costs and increased inflation to hit hard

The Independent UK

Embattled Suella Braverman takes Chinook to visit migrant facilities in bid to grip crisis

Suella Braverman was touring several sites in Kent on Thursday

Evening Standard

Millions could see £3,659 vanish from their bank accounts

Around a quarter of the population will be thousands of pounds worse off if new Government plans are put in place

Liverpool Echo

Chancellor to set out ‘concrete plan’ to reduce debt, says Treasury minister

Chancellor Jeremy Hunt is due to reveal the Government’s latest fiscal plans on November 17.

The Independent UK

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Bank of England delivers biggest interest rate hike in 33 years

Central bank raises key rate to 3 percent, warns UK economy is in a recession that could last two years.

Al Jazeera

UK faces longest recession since records began, Bank of England warns

Interest rates have been hiked for the eighth time in a row

Manchester Evening News

Interest rates: Starmer warns of ‘Tory premium on mortgages’ OLD

Chancellor Jeremy Hunt confirms more pain to come in autumn statement

The Independent UK

Hear us on free school meals, charities urge government

The Chancellor and Education Secretary have been urged to expand the free school meals scheme

Evening Standard

UK headed for longest recession in century, says Bank of England

Recession could last well into 2024, says central bank as interest rates hiked

The Independent UK

Bank of England raises interest rates to 3%

Central bank also warns that the UK could be on course for its longest recession since reliable records began a century ago

Insider UK

UN envoy warns Rishi Sunak against ‘troubling’ austerity cuts OLD

‘Worst time’ for UK to impose spending cuts, says UN rapporteur

The Independent UK

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Bristol Post

Thousands in UK set to lose £3,659 from their wages amid 'stealth taxes'

This could mean a real-terms pay cut of over £3,500

Daily Mirror

Rishi Sunak's stealth tax raid set to cost Brits THOUSANDS - how it'll hit you

Rishi Sunak and his Chancellor Jeremy Hunt are looking at extending the freeze on Income Tax and National Insurance thresholds in the upcoming Autumn Statement

Nottingham Post

Thousands could lose £3,659 from their bank accounts amid tax rise plan

Workers are set to lose thousands under government plans.

The Independent UK

Rishi Sunak ‘plans windfall tax hike to raise £40bn from energy profits’ OLD

Move follows huge profit declarations from oil and gas firms

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The Guardian - UK

Interest rates likely to jump as markets await Bank of England decision

Analysts believe a 0.75 percentage point rise is likely, potentially the biggest hike in the base rate since 1989

The Independent UK

New demands for election as Rishi Sunak tears up pledges

Labour’s Rayner accuses PM of ‘shredding’ his promises and his authority

Daily Mirror

Jeremy Hunt privately backed Labour's plan to boost student doctor numbers

The Chancellor is preparing to unveil eye-watering cuts on public spending after the Tories crashed the economy - but a leaked email shows he previously said ministers should pinch Labour's idea to double medical school places

Evening Standard

Sunak must balance the books, but not at the expense of the poor

City comment: The choices facing Rishi Sunak and Jeremy Hunt are stark given the perilous state of the public finances

The Independent UK

Wallace denies resignation threat over defence spending pledge

The Defence Secretary said he will be fighting for ‘as much money as I can get’ when he meets Chancellor Jeremy Hunt.

The Guardian - UK

The UK economy is about to be thrown into a black hole – by its own government

It fits the definition of madness to propose more austerity. But that, along with higher interest rates, is what’s coming, says Guardian economics editor Larry Elliott

The Guardian - UK

More austerity, more division, more decline: Sunak is merely a sequel in a tired Tory franchise

The new prime minister’s main redeeming quality is that he is not his predecessors. What a sorry waste of 12 years in power

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