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Chancellor Jeremy Hunt has announced his plans for the economy in this year's autumn statement. It comes just over a year after Mr Hunt's first statement as chancellor when he reversed almost all of Liz Truss and Kwasi Kwarteng's disastrous mini Budget.
Millions of households will receive hundreds of pounds extra in benefits next year, the government has confirmed.
Chancellor Jeremy Hunt is set to deliver his autumn statement to MPs at around 12.30pm today (November 22). His speech on tax and government spending will be made in the House of Commons after Prime Minister's Questions which gets under way at midday.
National insurance is set to be slashed by Jeremy Hunt in the autumn statement, according to reports, as the Chancellor is expected to declare the economy is “back on track”.
The national living wage will rise to £11.44 in April next year, the government has announced.
First-time buyers could be affected by several measures announced in the upcoming autumn statement which will be delivered by Jeremy Hunt on Wednesday (Nov 22). The chancellor is set to announce the government's tax and spending plans for the year ahead in a speech delivered in the House of Commons, usually around lunchtime.
The government must put 'urgent measures' in place to save Manchester council from falling off a cliff edge as it faces an ever-increasing gap in its budget, the city's council leader says. Council leader Bev Craig has written to Chancellor Jeremy Hunt ahead of the autumn statement later this month with a plea to protect vital services by providing 'sufficient, sustainable and strategic' funding for local government.
UK wages are outstripping inflation for the first time in nearly two years, according to the latest figures from the Office for National Statistics (ONS).