A plan an individual in England has to pay towards private social care, due to take effect next year, will be delayed for at least two more years as chancellor Jeremy Hunt seeks to fill a £55bn fiscal hole in their Autumn Statement. The decision means yet another delay to the policy, which has been in the statute book since 2014 and judged by experts to be the key to addressing the risk of an...
The new chancellor, Jeremy Hunt, has spoken of “mistakes” made by the Liz Truss administration and predicted “difficult decisions ahead”. Appearing on Sky News on Saturday, in his first interview since replacing Kwasi Kwarteng on Friday, the former health secretary signalled he would have a “clean slate” when it came to the budget, and vowed to be “completely honest with the country” amid rumours...
Liz Truss’s new chancellor, Jeremy Hunt, may still have to draw up spending cuts worth up to £40bn to convince markets the government can balance the books, experts warned after Friday’s humiliating U-turn. Speaking at a Downing Street press conference, Truss dropped a heavy hint of austerity to come, saying: “Our public sector will become more efficient, to deliver world-class services for the...