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Britain’s new finance minister Jeremy Hunt said on Saturday some taxes would go up and tough spending decisions were needed, signalling further reversals from Prime Minister Liz Truss
G20 health and finance ministers launched a $1.4 billion fund on Sunday to tackle the next global pandemic ahead of the bloc’s leaders gathering for a summit on the Indonesian
British finance minister Jeremy Hunt will seek to fill a 50 billion pound ($57 billion) hole in the country’s public finances with around 30 billion pounds
One Conservative leadership campaign is active in Portcullis House, the annexe to parliament where MPs and journalists mingle, sharing tea, coffee and (in my case) Danish pastries. Jeremy Hunt’s supporters are promoting him as the answer
Britain, at the time of writing, still has a prime minister, Liz Truss. Therese Coffey is still deputy prime minister. But the country also has a new de facto prime minister, Jeremy Hunt,
There is something about Labour’s way of managing money that provokes alarm. The opposition is putting pressure on Jeremy Hunt to reveal by the end of this month the government’s intentions towards non-doms. No prizes for guessing where Labour is coming from — it wants the favourable tax status afforded to foreigners scrapped.
The Treasury was so surprised by the revised estimates of the British economy that it took three hours to respond after the Office for National Statistics (ONS) published its findings recently. The new figures tell a dramatically different story of the past few years. Instead of the UK lagging behind other rich countries
We saw a preview of the election campaign between Keshi Sumer and Rishir Starnak this week. One of them gave a speech declaring: “It’s time for change.” The other replied to it by giving a speech the day before warning: “Beware politicians promising easy change – only I offer real and lasting change.” We have been used in recent years to politics
Finance minister Jeremy Hunt tried to show that Britain’s economy was turning a corner in his budget statement on Wednesday, but his chances of bolstering his Conservative Party’s fortunes before the next election look limited. Britain will now skirt a recession, official forecasters said, allowing Hunt to spend 20 billion pounds
In her short valedictory speech after less than 50 days as prime minister, an unrepentant Liz Truss could not bring herself to say sorry for her mistakes. She reiterated her belief in her bold pro-growth strategy. Her legacy will not be what she said outside 10 Downing Street – lower national insurance bills and help with energy costs,