What the autumn statement means for Rishi Sunak’s new economic prior...

Rishi Sunak announced five long-term priorities for the economy ahead of the Chancellor’s autumn statement.

Chancellor reviewing decision to axe duty-free shopping for tourists

Jeremy Hunt said the Government was ‘looking again at the numbers’.

Grangemouth refinery to cease operations as ministers vow to help se...

Petroineos said the plant will become a fuel import terminal.

Rachel Reeves issues tax warning over Chancellor’s autumn statement

Jeremy Hunt countered by claiming Labour has ‘nothing credible to say on the economy’.

State pension increase of 8.5% will be greeted with relief, say expe...

With inflation starting to fall back, the rise will create much-needed space in pensioners’ budgets, experts said.

Government considers selling NatWest shares to everyday investors

Chancellor Jeremy Hunt unveiled the plans in his autumn statement delivered to the House of Commons on Wednesday afternoon.

Chancellor pledges £500m investment to boost UK AI development

Jeremy Hunt said he wants to make the UK an ‘AI powerhouse’.

Hunt begins to ease historically high tax burden with eye on Tory el...

The Chancellor said high employment taxes ‘disincentivise hard work’.

Campaigners say removal of VAT from period pants a ‘real victory’ fo...

The 0% rate of VAT on women’s period products is to include period underwear.

Households close to new power cables to be paid up to £10,000

The Chancellor said that he wanted to cut the waiting times for new wind farms to be connected to the grid.

Industry welcomes alcohol duty freeze as ‘a huge relief’

The Chancellor has announced the freezing of all alcohol duty until August 1 next year.

Watchdog downgrades UK economic growth forecasts for next three year...

Chancellor Jeremy Hunt revealed in the autumn statement that the Office for Budget Responsibility has downgraded its forecasts.

Hunt raises benefits in line with inflation ‘to support families in...

Campaigners had voiced concern amid reports they would not be raised in the usual way, instead using last month’s lower inflation figure.

Autumn statement at a glance: which measures were announced by the G...

Changes to minimum wage and tighter welfare rules are featuring in the Chancellor’s speech to Parliament.

Autumn statement at a glance: What measures did the Government annou...

Changes to minimum wage and tighter welfare rules featured in the Chancellor’s speech to Parliament.

Hunt sets out plan to boost economy and cut taxes

The Chancellor’s autumn statement was aimed at boosting growth and cutting taxes ahead of a general election expected next year.

Record number of businesses close across the UK – ONS

ONS data shows 345,000 firms across the UK shut their doors in 2022, up 5% on the previous year and the highest figure since records began in 2002.

Scotland’s only oil refinery to cease operations by 2025

Its owners Petroineos said the site will become a fuel import terminal.

Chemicals giant Johnson Matthey reveals plan to cut 600 more jobs

The global manufacturer also said it aims cut up to 30% of its management team.

Hunt promises 110 measures for growth as he seeks to boost Tory elec...

Chancellor Jeremy Hunt is expected to offer tax cuts to workers and businesses in his autumn statement.