The news will be welcome to U.K. Prime Minister Rishi Sunak and his Chancellor, Jeremy Hunt, who made bringing inflation down to the Bank’s 2 percent target a priority before a general election, expected later this year. It may also embolden the Bank of England to begin to cut interest rates, which are still at … Read more
The government’s stake in the banking giant dropped by 1% to 26.95% By Daniel Fessahaye Updated: 15:15 BST, 13 May 2024 NatWest has taken another step towards full-private ownership after the Government sold another chunk of shares in the lender. The Government’s stake in the bank has now dropped by one percentage point to 26.95 … Read more
Wragg admitted last week he was targeted by a scammer on the dating app Grindr and had leaked the personal phone numbers of a number of MPs, who were later also targeted in the phishing scandal. “I was scared. I’m mortified. I’m so sorry that my weakness has caused other people hurt,” he told the … Read more
Sunak burst into laughter when asked to name the date by presenter Amy Oakden, and insisted he had “answered that question many times in the last few weeks” and was “unfortunately not” able to disclose the precise date to local radio. An unimpressed Oakden asked Sunak: “Why is that funny? Sorry. Why are you laughing … Read more
Jeremy Hunt may have delivered a Budget which cut taxes – but he didn’t please everyone. The Sun’s own Cabinet of readers have given their verdict on the fiscal plans ahead of the general election later this year. 6 Trainee GP Dr Bhasha MukherjeeCredit: Arthur Edwards / The Sun HEALTH SECRETARY Trainee GP Dr Bhasha Mukherjee, … Read more
By Alex Brummer City Editor Published: 17:04 GMT, 6 March 2024 | Updated: 20:30 GMT, 6 March 2024 Jeremy Hunt put growth front and centre of his Spring Budget today – with a commitment to cut tax and make work pay. As predicted, the Chancellor sliced 2p off National Insurance for the second time in … Read more
LONDON — Jeremy Hunt rolled the pre-election dice Wednesday. The U.K. chancellor delivered a budget full of measures aimed at boosting Britain’s sluggish growth and reversing his party’s electoral fortunes. In doing so, he parked a fair few tanks on the opposition Labour Party’s lawn ahead of a nationwide battle for Downing Street later this … Read more
Laura Trott, Hunt’s deputy at the U.K. Treasury, has dismissed allegations of foul play as “an excuse to try and wriggle out of Labour’s disastrous £28 billion of unfunded spending.” But in truth Treasury ministers have always looked for ways to hobble their successors — especially in the run-up to an election. George Osborne, the … Read more
Who’s left? With an election looming, none of the One Nation members’ preferred candidates have indicated they would stand in a future leadership contest, and there remains a lack of certainty over who will even be an MP after polling day. Constituency by constituency polling by YouGov earlier this year suggested both Mordaunt and Shapps … Read more
The government’s initial phase of a childcare expansion plan, featuring a £6.5 million recruitment campaign, has faced criticism from sector leaders who label it as “too late” and “a drop in the ocean”. Set to commence as a trial across 20 local authorities in England from April, the campaign also promises a £1,000 cash incentive … Read more
