Jeremy Hunt

Government borrowing hit an ‘eye-watering’ £21.5bn last month

by

Government borrowing hit an ‘eye-watering’ £21.5bn last month – the second highest ever – with Jeremy Hunt saying he is supporting families with cost of living despite soaring taxes By James Tapsfield, Political Editor For Mailonline Published: 08:10 BST, 25 April 2023 | Updated: 08:10 BST, 25 April 2023 Government borrowing hit £21.5billion last month … Read more

New figures show South East pays HALF of UK’s £173bn tax…and to face Chancellor’s stealth rises

by

Hammer blow for Middle England as new figures show that South East pays HALF of UK’s £173bn tax…and will be hit hard by Chancellor’s stealth rises Families in London and the South East are paying a combined £87 billion bill Nearly a million more in the region are to be forced into higher rates by … Read more

Small boost for Jeremy Hunt as UK’s economic health revised upwards by stats chiefs

by

Small boost for Jeremy Hunt as UK’s economic health revised upwards by stats chiefs confirming the UK avoided a recession last year  By David Wilcock, Deputy Political Editor For Mailonline Published: 08:10 BST, 31 March 2023 | Updated: 08:10 BST, 31 March 2023 Jeremy Hunt has been handed a minor economic boost as the the … Read more

Could Labour wreck Jeremy Hunt’s tax-free pension pot bonanza?

by

Jeremy Hunt‘s back-to-work pension overhaul could backfire and spark a rush to retirement, experts have warned. The Chancellor abolished the £1.07million lifetime cap on tax-free pension savings in the Budget, as well as increasing the maximum annual contribution from £40,000 to £60,000. The move is intended to stop senior NHS staff and others from retiring … Read more

HSBC buys failed lender Silicon Valley Bank UK

by

HSBC buys failed lender Silicon Valley Bank UK following government crisis talks after British tech firms were left on the brink by US bank collapse Customers of SVB UK will be able to access their deposits as normal from today  California-based parent company imploded and US regulators seized its assets By Mark Duell for MailOnline … Read more

Jeremy Hunt warned he is ‘barking up the wrong tree’ with bid to lure over-50s back to work

by

Jeremy Hunt has been warned he is ‘barking up the wrong tree’ with attempts to lure people who have retired early back to work to help boost the economy. The Chancellor is expected to use his Budget next month to unveil measures designed to get more than half a million ‘economically inactive’ people to return … Read more

Britain should be seizing the opportunities of Brexit, scrapping tax-free shopping is an own goal

by

Paris, Rome and Berlin can’t believe their luck! When Britain should be seizing the opportunities of Brexit, scrapping tax-free shopping for international tourists is a spectacular own goal, writes SIR ROCCO FORTE By Sir Rocco Forte For The Mail On Sunday Published: 01:03 GMT, 12 February 2023 | Updated: 01:13 GMT, 12 February 2023 What … Read more

Tens of thousands of families could be hit by an effective tax rate of up to 96 per cent next year

by

Tens of thousands of middle-class families face an effective tax rate of up to 96 per cent next year as they lose both Universal Credit and child benefit on earnings over £50,000. Analysis highlighted that the freeze in the thresholds for withdrawing the key benefits is creating a ‘mess’ that punishes those on relatively moderate … Read more

Thousands of parents will get £35 to spend at supermarkets: how to find out if YOU are owed the cash

by

Thousands of parents will get £35 to spend at supermarkets – how to find out if YOU are owed the cash Thousands of parents will be able to receive £35 vouchers to spend at the shops  It comes as part of the Household Support Fund handed out to local authorities   Councils have been given part … Read more