The Latest Breaking News from Jeremy Hunt

It comes after The Independent revealed ministers are considering scrapping the Birmingham to Manchester leg in a bid to save £35 billion

Chancellor insists he still faces ‘very difficult decisions’ at Budget despite better economic news

Inflation falling but not swiftly enough to prevent further interest rate rise making life tougher for mortgage holders

Markets revise forecasts, raising chance interest rates may be kept on hold for first time in two years

The UK government is reportedly considering scrapping the second phase of its long-term high-speed rail project, HS2. It has been revealed that a cost analysis outlining the benefit of doing so was prepared ahead of Prime Minister Rishi Sunak’s recent meeting with Chancellor Jeremy Hunt. Reports have said that Sunak…

Bank of England holding off on interest rate rises could be ‘breath of fresh air for those on variable rates or trackers’

The Chancellor said there is still ‘immense pressure’ on families but the Government’s plan ‘is working – plain and simple’.

Inflation falling but not swiftly enough to prevent further interest rate rise making life tougher for mortgage holders

Inflation falling but not swiftly enough to prevent further interest rate rise making life tougher for mortgage holders