Spring Budget 2024 speech as delivered by Chancellor Jeremy Hunt. Continue reading
09Mar/24
Tag Archives: Jeremy Hunt
14Mar/23
Budget 2023: government needs to show it can jack up growth to regain economic credibility
Steve Schifferes, City, University of London
UK chancellor Jeremy Hunt’s spring budget is a tricky one in terms of timing. Having announced a set of steadying measures in the autumn statement after the Truss/Kwarteng debacle, this budget is likely to be the last but one before a 2024 general election. This makes it a little early for eye-catching tax cuts or business boosts.
13Mar/23
HSBC will acquire the assets of SVB UK. Deposits will be protected
Here’s the HM Treasury statement:
Silicon Valley Bank (UK) Ltd has today been sold to HSBC. HSBC is headquartered in London, is the largest bank in Europe and is one of the world’s largest banking and financial services institutions, serving 39 million customers globally. Customers of SVB UK will be able to access their deposits and banking services as normal from today.
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01Nov/22
70 years of data suggest the Conservatives will suffer a big defeat at the next election – here’s how I worked it out
Paul Whiteley, University of Essex
With the UK’s new prime minister in office, it looks like the political turmoil of the last few months is likely to ease, at least for the time being. Rishi Sunak and his fellow MPs must put their political differences aside to focus on stabilising the economy and calming financial markets. But Sunak will of course have one eye on the next election, which he must call before January 2025.
15Oct/22
Kwasi Kwarteng: only a desperate prime minister sacks a chancellor
Despina Alexiadou, University of Strathclyde
Having seen her government’s popularity plummet just weeks after taking office, British prime minister Liz Truss has sacked her chancellor of the exchequer, Kwasi Kwarteng in a bid to save herself. Kwarteng, widely seen as Truss’s right-hand man, was rushed back to London from New York for the occasion, where he had been meeting with IMF officials on Thursday evening.