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The Latest Breaking News from Jeremy Hunt

British startups should be kept on home soil, says top bank boss, who notes U.S. buyouts are getting all the glory with none of the risk

“We don’t want to be an incubator economy taking all the risk of these very, very tiny companies, and then not able to capitalize on that,” says BBB’s Stephen Welton.

Fortune

May election is ‘worst kept secret in Westminster’, says senior Labour MP

Emily Thornberry says country is desperate, and Labour is ready, for general election

The Guardian - UK

UK economy set to escape 2024 'hard landing' in boost for Sunak

After a brush with recession, consumers are set to spur a rebound

Evening Standard

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How a spring UK budget could fire the starting gun for an early election

UK economic prospects are bleak but an agenda-setting fiscal event such as sweeping tax cuts in March offers another roll of the dice

The Guardian - UK

Rishi Sunak ‘considering scrapping inheritance tax’ ahead of general election

Prime minister has reportedly ordered a ‘gear change’ on tax as his party flounders in the polls

The Independent UK

Chancellor Jeremy Hunt announces date of UK's next Budget

CHANCELLOR Jeremy Hunt has announced the UK Government’s Spring Budget will be set out on March 6, in what could be the Tories’ final pitch to…

The National (Scotland)

Jeremy Hunt fuels election speculation as 6 March spring budget announced

Chancellor has asked the OBR to prepare forecasts for the economy and public finances to be presented to parliament

The Guardian - UK

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Chancellor Jeremy Hunt announces date for 2024 spring Budget

Tories expected to seek tax cuts in appeal to voters as they founder 20 points behind Labour in polls

The Independent UK

Tories to promise more help for first-time buyers in bid to turn around polling woes

Plans to help people onto the property ladder could be announced in the March Budget

The Independent UK

New York Times accuses ChatGPT maker OpenAI and Microsoft of copyright infringement – as it happened

Rolling coverage of the latest economic and financial news, as news publisher says AI tools use its content without permission

The Guardian - UK

Homes in Jeremy Hunt's constituency hit by Boxing Day water shortage, Thames Water confirms

The Chancellor called the supply issues 'hugely inconvenient'

Evening Standard

James Dyson criticises Tories for not ‘going for growth’ after fall in GDP

Inventor defends economic policies of Kwasi Kwarteng and Liz Truss that sent economy crashing

The Guardian - UK

James Dyson accuses Rishi Sunak of not ‘going for growth’ as UK at risk of recession

Billionaire inventor says wealth generation and growth have become ‘dirty words’ in government

The Independent UK

From bleak Sunak to bad Santa: the best and worst political Christmas cards

Keir Starmer has his eyes on the prize, Liz Truss looks serene and Boris Johnson lives down to expectations

The Guardian - UK

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The Independent UK

Blow for Rishi Sunak as revised GDP figures show economy in reverse

PM promised growth as one of five key pledges – but the ONS figures reveal it is going in reverse

The Guardian - UK

Rail fares in England to rise 4.9%; UK economy on brink of recession; US PCE inflation slows – as it happened

UK GDP fell by 0.1% in July-September, worse than first estimated, raising fears of a recession

The Independent UK

Hunt gives Tory MPs early Christmas present - a hint of tax cuts next year

Chancellor said ministers want to cut the tax burden - still on course to hit a post-war high - “if we are able to”

International Business Times

UK And Switzerland Seal Financial Services Deal

Britain and Switzerland unveiled a post-Brexit financial services agreement on Thursday, aimed at making it easier for corporate and wealthy people in both countries to do business together.

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The Guardian - UK

Hunt hit by higher-than-expected public borrowing despite rise in tax revenues

Analysts blame rises in welfare costs and debt interest bill for monthly deficit of £14.3bn in November

The National (Scotland)

Use obscure Scotland Act clause to 'curtail' SNP spending, Labour peer urges Tories

A LABOUR peer has urged the Chancellor and Alister Jack to use a little-known part of the Scotland Act to “curtail” Scottish Government spending…

The Independent UK

Jeremy Hunt strikes post-Brexit banking deal with Switzerland

Treasury claims new finance deal only possible because of Brexit

The Independent UK

Tories savaged for spending HS2 millions promised to north on London potholes

‘Can someone send them a map?’ Ministers mocked for post on money for north going to London

The Guardian - UK

May general election? The economic case for going early (and clinging on)

Falling inflation and tax cuts in a February budget would signal a spring poll but weak growth and rising mortgage bills bode caution

International Business Times UK

UK Consumer Inflation Rate Unexpectedly Decreases In November

Jeremy Hunt says that wages will go up as prices go down next year after it was announced that the rate of inflation has decreased to 3.9 per cent.

The Independent UK

Bank of England under pressure to cut interest rates after surprise inflation fall

Labour say more than a million people face higher mortgage payments ‘after the Conservatives crashed the economy’

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