The government is also hoping to incentivise work by shaking up the welfare system and increasing the national living wage, which will rise from £10.42 to £11.44…reports Asian Lite News…
The chancellor had been expected to hold off from cutting taxes until next year as he and Rishi Sunak continue to focus on reducing inflation..reports Asian Lite News Jeremy Hunt…
Forecasts are never perfect given the many factors that affect economic growth – from geopolitics to the weather. But such reports can point in the right direction, especially where they…
Hunt’s comments will concern Tory MPs, who have been pushing for tax cuts in the autumn statement in the run-up to next year’s general election…reports Asian Lite News Jeremy Hunt…
One Treasury source suggested that the Department for Education could decide how to split the new funding better between the existing offer for three-year-olds and new provision for younger age…
Hunt took aim at Labour, citing Keir Starmer’s pledge not to reopen the big government chequebook. The chancellor claimed the party had since made tens of billions of unfunded spending…
Speaking at Bloomberg’s European headquarters in London, Hunt is also expected to continue to resist calls from some Tory MPs for tax cuts to kickstart flagging economic growth…reports Asian Lite…
Chancellor and Prime Minister will have to answer a financial “black hole” that could be as large as £60bn – which may require up to £35bn of spending cuts and…
The chancellor said his plan will help get the UK out of a recession as quickly and with as little pain as possible as he also promised help for energy…
The chancellor of the exchequer said no government could control markets — but stressed his action would give certainty over public finances and help secure growth…reports Asian Lite News The…