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Jeremy Hunt: Key moments and challenges in 12 months as Chancellor

Chancellor Jeremy Hunt has overseen a dramatic 12 months which has seen households hit by rampant inflation and rising borrowing prices.In October final 12 months, the long-time frontbencher was thrust into the important thing place after his predecessor Kwasi Kwarteng resigned from the put...

Hunt to attend IMF assembly in Morocco after subsequent yr’s forecast downgraded

The Chancellor will attend the annual assembly of the International Monetary Fund (IMF) in Morocco towards the backdrop of the UK’s financial development forecast for subsequent yr being downgraded by the finance physique.Mr Hunt mentioned he intends to debate the worldwide struggle towards inflation...

Liz Truss to name for company tax to be lowered again to 19% in rally speech

Former prime minister Liz Truss will urge the Conservative management to place itself because the “party of business again” by slashing company tax.Ms Truss will argue in a speech on the fringes of the Tory Party convention that prime taxes on companies should not...

Liz Truss hits out at economists and civil servants as she defends mini-budget

Liz Truss has hit out at economists and supposed “institutional bureaucracy” as she defended her mini-budget a 12 months on.The former prime minister used a speech on the Institute for Government suppose tank on Monday to justify selections made throughout her temporary spell in...

Earnings crumble for housebuilder MJ Gleeson as first-time purchaser demand falls

Housebuilder MJ Gleeson has reported sliding earnings and fewer properties offered because it blamed a drop in demand out there on greater rates of interest, the previous chancellor’s “disastrous” mini-budget, and the top of the Help to Buy scheme.The Sheffield-based agency, which sells extra...

Builder Barratt diminished workforce by a whole lot after Liz Truss’s premiership

Barratt Developments minimize the dimensions of its workforce by a whole lot of individuals within the wake of Liz Truss’s premiership, the enterprise revealed on Wednesday.The development firm stated that it had put a hiring freeze in place because the “market slowdown accelerated following...