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The Latest Breaking News from Jeremy Hunt

Rishi Sunak preparing years of tax rises to plug £50bn fiscal black hole

PM set to hike taxes across the board to repair nation’s finances after Liz Truss’s disastrous mini-budget

The Guardian - UK

HS2 rail scheme under review as government targets £50bn cuts

Rishi Sunak and Chancellor Jeremy Hunt are said to be considering up to £50bn in spending cuts

Manchester Evening News

Disastrous cuts loom, but the Tories have a secret weapon – our weary fatalism

People realise austerity 2.0 will wreck Britain, but many of us have lost the ability to imagine things could be different, says the Guardian columnist John Harris

The Guardian - UK

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The wave of financial support coming in November - including £330 pay boost for workers

A wave of new schemes and financial support to help struggling households will be brought in next month, including a pay boost worth up to £330 for all workers.

Edinburgh Live

Twitter deal may signal point when the ‘everything bubble’ bursts

China’s property meltdown, the unwinding of QE and the tech stock plunge all show a fragile global financial ecosystem under stress

The Guardian - UK

Jeremy Hunt urged to scrap VAT on life-saving defibrillators to encourage more places to buy them

SNP MSP Jenni Minto believes the cost of installing the life-saving devices is putting off charities and sports clubs from buying them.

Daily Record

Sacked Education Secretary swipes at £10bn cycling funding as schools cut staff

Kit Malthouse, who was booted out as Education Secretary when Rishi Sunak became PM this week, called on the PM and Chancellor Jeremy Hunt not to resort to "salami slicing" of government departments

Daily Mirror

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Transport, police and housing could face 9 per cent cuts as Britain enters 'new era of austerity' under Rishi Sunak's plan to save £50bn

The new PM and Chancellor may choose instead for tax rises

Manchester Evening News

Bringing back ‘leaky Su’ Braverman: a bold move by Sunak, or a reckless gamble?

The prime minister was aiming for discipline and unity in his new cabinet. So why did he allow the controversial home secretary to return days after quitting?

The Guardian - UK

Police, buses, trains and housing face 9% cut in Rishi's plan to save £50billion

The new PM and Chancellor may choose instead for tax rises

Wales Online

Taxes must rise to plug £40bn black hole in Sunak and Hunt’s budget

There’s limited scope for further spending cuts so the PM and chancellor must surely look to higher taxation to repair damage done by the mini-budget

The Guardian - UK

Money changes happening in November including DWP's £324 cost of living pay boost

Major financial updates will come into effect in November

Liverpool Echo

‘Devastation’ for the world’s poorest if UK Government cuts aid further

NEW Chancellor Jeremy Hunt has been urged to prevent further “devastating” cuts to the UK aid budget.

The National (Scotland)

Voters choose Sunak’s Tories over Labour to repair economy, new poll reveals

Rishi Sunak’s arrival in Downing Street is already helping to rebuild the party’s reputation for financial management

The Guardian - UK

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The Independent UK

Sunak warned public spending freeze would return services to 2010s austerity

Due to the political ramifications of such a move, the PM may opt for more tax hikes to plug the fiscal hole, the Resolution Foundation said.

Daily Mirror

Prime Minister Rishi Sunak urged to fulfil campaign promise and publish his tax return

When asked by the BBC if he would reveal how much tax he paid if he became PM, Rishi Sunak replied: 'Yes.' He is now being urged to fulfil his pledge to publish his tax return

Nottingham Post

10 money changes in November including £330 pay boost and Cost of Living support

The Autumn statement is on November 17

Wales Online

Ten money payments, schemes, interest rate and tax changes coming in November that will hit bank accounts

Including a £330 pay boost for workers

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Manchester Evening News

Money changes this November - including £330 pay boost for workers

A wave of new schemes and financial support will be brought in next month

Daily Mirror

'Funding for Ukraine could get shot down in war over budgets'

Paul Routledge wonders whether Jeremy Hunt's tight rein on the Government's fiscal strings will mean the defence budget gets frozen and the UK's support of Ukraine will suffer

Chronicle Live

Ten money changes coming in November - including £330 pay boost for workers

A round up of financial changes happening next month, as the cost of living crisis continues to put a squeeze on Brits

The Guardian - UK

Rishi Sunak is the best choice the Tories could have made – but Labour can still beat him

Starmer may have preferred to face Mordaunt or Johnson, but the new PM has plenty of vulnerabilities, says the Guardian columnist Jonathan Freedland

The Independent UK

Conservative Party receives £3.6m from hedge fund tycoons and finance firms

Exclusive: Donors include hedge fund boss said to have benefited from drop in pound following Kwasi Kwarteng’s mini-Budget

The Guardian - UK

Tories have ‘crashed the economy’ says Starmer amid calls for election

Labour leader says people already paying the price for government mistakes, with cuts and tax rises ahead

Evening Standard

Budget 2022: What time is Jeremy Hunt’s speech and how can you watch it live?

The Chancellor of the Exchequer Jeremy Hunt’s economic policies will be revealed soon

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