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Jeremy Hunt’s scope for tax cuts hit by higher-than-expected borrowing
Government borrowed £120.7bn in the last financial year, with just under £12bn in March
Why Jeremy Hunt’s hopes of another round of tax cuts look remote
Although these figures do not directly feed into Hunt's fiscal headroom at the next fiscal event, it is a sign of just how little wiggle room the Chancellor will have to cut taxes.
Jeremy Hunt’s pre-election tax cuts plan could be ruined by high borrowing
Jeremy Hunt may be unable to cut taxes again before the general election after Britain’s borrowing figures took a turn for the worse, economists have warned. The Chancellor is hoping to cut employee national insurance contributions by another 2p in an Autumn Statement held in September,
UK government borrowing higher than forecast in blow to Chancellor Jeremy Hunt
Chancellor Jeremy Hunt has been dealt a blow after official figures revealed borrowing for the last financial year overshot forecasts, hitting £120.7billion as wages and benefit payments soared. The Office for National Statistics (ONS) estimated that full-year public sector net borrowing was £7.
1d
on MSN
Jeremy Hunt defends civil service job cuts to increase defence spending
The chancellor says cutting services will cost "a great deal less" than allowing Russia to succeed in Ukraine.
22h
on MSN
France and Germany must match UK defence spending plans, says Jeremy Hunt
European nations including France and Germany must “step up to the plate” and match the UK’s defence spending plans, Jeremy ...
1d
on MSN
Ukraine's Zelenskiy meets Britain's Jeremy Hunt in Kyiv
Ukrainian President Volodymyr Zelenskiy said on Thursday he met British finance minister Jeremy Hunt in Kyiv and called for ...
9d
Jeremy Hunt Says Rate Cuts Would Lift UK Mood, Hints at Autumn Vote
UK Chancellor of the Exchequer Jeremy Hunt said the prospect of interest rate cuts later this year would lift the mood of ...
8d
Jeremy Hunt says he tackled Downing Street fleas with new carpets
Chancellor Jeremy Hunt says he tackled a flea problem in Downing Street that Liz Truss had complained about in her new book.
1d
on MSN
Heathrow urges Jeremy Hunt to rethink ‘anti-growth’ tourist tax
Heathrow airport bosses have urged the Chancellor to rethink the “anti-growth” tourist tax to boost Britain’s economy after ...
12d
on MSN
Jeremy Hunt calls Thames Water bill rise ‘utterly outrageous’ amid financial failures
Jeremy Hunt has said that it would be “utterly outrageous” to raise bills for Thames Water customers amid the company’s ...
8d
Jeremy Hunt Says Thames Water Customers Shouldn’t Pay for Its Mistakes
UK Chancellor Jeremy Hunt said consumers shouldn’t foot the bill for mistakes made by the management and owners of struggling ...
4d
on MSN
Lowering inflation is harder than lowering my marathon time, says Jeremy Hunt
Chancellor Jeremy Hunt has said it is more painful to lower inflation than it is to lower his marathon time. The Conservative politician was one of 20 MPs and peers running in the London Marathon on ...
i on MSN
2d
Jeremy Hunt accused of second rule break over tours of Westminster
It is the second time the Chancellor has been accused of breaking Parliamentary rules over charging for access to Westminster ...
6d
London Marathon 2024: Full list of 20 MPs taking to start line from Jeremy Hunt to Matt Hancock
The chancellor Jeremy Hunt and former health secretary Matt Hancock are among record number of Westminster figures taking to ...
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