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Shadow chancellor says pension changes are ‘wrong priority, at the wrong time, for the wrong people’Rachel Reeves claimed that Jeremy Hunt’s budget was “unravelling before our eyes” as Labour criticised the chancellor for handing a tax cut to the wealt…
Pensions tax-break for very wealthy contrasts badly with huge increases faced by basic and higher rate taxpayersAs an advertising slogan, “pay more get less” has limited appeal and so Jeremy Hunt was keen to focus on other aspects of his budget as he d…
Unions recommend members accept pay offer Sinn Féin’s US fundraising arm has caused a row by calling for a referendum on Irish unity in adverts in the New York Times, Washington Post and other US publications.The half-page ads were paid for by Friends …
Taxes on track to hit a 70-year high and will be 4.7% higher than in 2019-20, says Resolution FoundationBudget 2023: key points at a glanceThe UK is investing too little and growing too slowly while living standards stagnate, a thinktank has said follo…
Chancellor pledges cash for businesses and parents, and says UK will avoid recession this yearBudget 2023 live: reaction to Jeremy Hunt’s statementBudget 2023: key points at a glanceWhat the budget means for people on a range of incomesJeremy Hunt has …
Chancellor abolishes lifetime cap on amount workers can save in pensions without paying taxBudget 2023: key points at a glanceAccording to the Telegraph, Jeremy Hunt faces a Tory backlash over his decision to press ahead with the rise in corporation ta…
In today’s newsletter: Jeremy Hunt’s autumn statement was all about repairing the damage of the Truss government. What will his first budget entail?Sign up here for our daily newsletter, First EditionGood morning. When chancellor Jeremy Hunt gave his a…
Biggest change to welfare system in a decade and extension of energy price guarantee among expected measuresJeremy Hunt is due to set out the government’s plans for tax and spending in his first budget on Wednesday. Meanwhile, the Office for Budget Res…
From cooling inflation to easing staff shortages, we look at the factors behind the chancellor’s spending choicesHunt to announce £4bn boost for childcare in EnglandJeremy Hunt will announce his budget on Wednesday with the government under pressure to…
Chancellor will pledge in budget to create 12 investment zones in eight areas ‘to drive business investment’Tech hubs clustered around universities in England will benefit from almost £1bn in extra funding as part of a range of measures in the budget o…