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Kwasi Kwarteng

Jeremy Hunt rejects forecasts of Brexit hit to UK economy

JEremy Hunt has dismissed projections that Brexit would hit the UK economy and that Liz Truss' mini-budget would have done long-term damage.The chancellor also...

2023 will be a very difficult year, warns OBR member of parliament

TThe official UK economic forecaster has warned MPs that "2023 is going to be a very difficult year" for households as bills continue to...

The average mortgage interest rate with a term of five years falls to less than 6 percent

Average five-year fixed-term mortgage rates have fallen below 6 percent for the first time in seven weeks, with a growing number of lenders offering...

Nicola Sturgeon: No ‘good shine’ on Chancellor’s fall statement

NIcola Sturgeon has said "no good gloss" can be put on the Chancellor's fall statement.On Thursday night's Peston show, the Prime Minister said the...

Response to various parts of Chancellor Jeremy Hunt’s Fall Statement

JEremy Hunt has delivered his autumn statement to MPs in the House of Commons, saying he has tough decisions to make.The Chancellor's package is...

Minibudget damaged the UK’s reputation, says banking governor Bailey

FFormer Prime Minister Liz Truss's mini budget has damaged the UK's reputation abroad, the Bank of England governor has told MPs.Andrew Bailey said people...

Political latest news: Rishi Sunak ‘confident’ UK-France migrant deal will cut Channel crossings, but not ‘overnight’

Jeremy Hunt, the chancellor, said yesterday that "we will see everyone pay more taxes" as he laid the groundwork for his fall statement which...

Sunak promises ‘sustainable trajectory’ while Hunt warns of ‘sacrifice’ for everyone

Rishi Sunak has pledged to meet market expectations with this week's fall budget, as his chancellor warned that everyone will have to pay "a...

Sunak promises budget ‘will live up to market expectations’ to avoid further turmoil

Rishi Sunak has said that in his fall budget he will "meet the expectations" of the financial markets or risk being punished again.The prime...

Ministers plan to crack down on ‘outrageous’ garbage while Chancellor Scrooge. plays

mInisters are determined to crack down on an "outrageous" waste of public money as they seek billions in tax hikes and savings, as the...

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