Jeremy Hunt

The Conservative Party conference was weirdly upbeat

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The champagne was flowing — but are the Tories in a state of collective denial?

FS policy: 20 people to meet at Tory conference

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The party is licking its wounds from a gargantuan defeat at the U.K.’s general election in July, and it still doesn’t have a leader. So this year’s Conservative Party conference will be a bit different, with most eyes on the leadership debate rather than the policies the party will prioritize in opposition. Nonetheless, in financial […]

Liz Truss lettuce songs and jet ski stunts: Britain’s third party is living its best life

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Jubilant Liberal Democrats are celebrating after years in the political wilderness — but can it last?

Cheer up, Keir! UK’s Starmer told to lighten up

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Elected on a landslide two months ago, the new British PM ought to be on top of the world. Instead his glumness is beginning to grate.

The UK’s first rate cut in three years is awkward for Labour

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The U.K.’s finance minister spent all week saying Britain’s economy is broken. Then the BoE cut interest rates.

5 ways Labour says Britain is broken

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Labour attack dossier lays out holes in Britain’s finances — which the Tories dismiss as simply a political excuse to raise taxes.

Tory leader race: The 6 hopefuls trying to save their party from the abyss

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With just 121 Conservative MPs left, it’ll be an uphill struggle for these contenders to turn around the once-mighty British party’s fortunes.

UK Covid-19 inquiry live: report finds country ‘ill prepared’ to deal with pandemic

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Former health secretaries Jeremy Hunt and Matt Hancock criticised for their failure to better prepare the UK for the pandemicThe UK was “dangerously mistaken” to believe that it was one of the best prepared countries in the world to respond to a pandem…

Who is running to replace Rishi Sunak?

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Meet the runners and riders vying to lead the Tories after the party’s worst election defeat in history.

Jeremy Hunt rules himself out of Tory leadership race

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The race to replace Rishi Sunak as leader of the Conservative Party has already begun following its devastating election defeat.

Battle for Conservative Party’s soul begins after election bloodbath

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The Tory leadership race has already begun.

How the Tory election campaign melted down in six disastrous weeks

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Rishi Sunak played a bad hand appallingly — and paid a terrible price.

Watch the UK election like a pro

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It’s set to be the most consequential British general election for a generation. POLITICO takes you through what to watch out for and exactly when to tune in.

Can things only get better for England? | Brief letters

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Football and politics | Tactical voting | Dyslexia | Election jinx | Boris Johnson | Polling song | Note for the new chancellorThe last time England won a major football tournament was shortly after Labour had been elected with a landslide. Just a thou…

Tory candidate facing probe over election date betting allegations threatens to sue BBC – live

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Laura Saunders issues statement saying she may sue BBC over ‘infringement of privacy rights’ and says she is cooperating with Gambling CommissionSign up to our Election Edition daily newsletterIn case you missed this late yesterday: Conservatives are p…

5 takeaways from Labour’s ‘Captain Caution’ manifesto

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Keir Starmer is promising change from 14 years of Tory government. In fiscal terms, it’s not so much — for now.

Don’t abandon the center, warns UK Chancellor

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It takes a brave — some may say reckless — leader to call a general election when trailing in the polls by 20 percent. With three weeks to go to polling day on July 4, British Prime Minister Rishi Sunak’s gamble looks like it will backfire, possibly spectacularly so, with perilous consequences for the country’s […]

‘Battered’ Brits want to hold Tories to account, Chancellor Jeremy Hunt admits

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He also concedes the government failed to end irregular migration routes, one of its core pledges.

Europe’s alarming descent into extreme political acrimony and violence

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Attempt on the Slovak prime minister’s life won’t lead to a world war, but it should be a wake-up call for all who care about democracy.

Labour’s election policy positions, tracked

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Absolutely everything you need to know about what the opposition party is promising ahead of the July 4 election.

UK election: Tory campaign policy positions, tracked

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POLITICO keeps the receipts on what the Conservatives have said about policy in the general election campaign, from national service to the ‘triple lock plus.’

Once Britain is back in the EU, things can only get better | William Keegan

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Both major parties will try to conduct their campaigns without mentioning Brexit. But we cannot afford not to discuss it‘Things can only get better” was a Labour party slogan before the 1997 general election. The reason why Rishi Sunak has surprised th…

UK general election: Everything you need to know

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Britain’s summer election is on. Here’s your bluffer’s guide.

UK election: Why Rishi Sunak pulled the trigger

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The prime minister’s announcement of a July general election has stunned the country — but what were his reasons for going to the polls now?

IMF warns Tories against further UK tax cuts

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Amid a higher debt burden, U.K. should not be considering pre-election tax cuts, forecaster says.

Infected blood: UK apologizes for decades-long healthcare scandal

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A public inquiry found that the infected blood scandal could have largely been avoided

Infected blood: UK reckons with its worst health scandal

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Patients given contaminated blood by the National Health Service decades ago are braced for a damning report Monday on the state’s conduct.

Heir to Blair? Keir Starmer’s 6 big pledges rated

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Labour leader channels Tony Blair with moody black and white photo — and six big post-election promises.

UK Tories powerless to escape Rishi Sunak’s death march

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Conservative MPs backed down from challenging the PM and now see no escape from electoral wipeout.

UK will be worst-performing G7 economy in 2025, OECD forecasts

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The outlook is a blow to Prime Minister Rishi Sunak and his Chancellor Jeremy Hunt.

UK Conservatives try to win City of London’s heart with swipe at finance watchdog

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Labour wants to ‘champion’ Britain’s financial sector — but doesn’t want to be seen as undermining independent regulators.

UK’s Sunak and Hunt wage war on City watchdog

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Regulators want to name and shame firms under investigation even before they’re proven guilty.

Germany urges UK’s Rishi Sunak to spend big on defense

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Russian threat looms large as Chancellor Olaf Scholz prepares to welcome British PM to Berlin.

Beware risks of voter giveaways to public finances, countries facing elections told

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IMF says reduction in national insurance may have made cutting UK national debt more difficultThe International Monetary Fund has issued a strong warning to Britain and other countries facing elections this year to avoid voter giveaways that might pose…

UK’s Jeremy Hunt: We have to spend more on defense

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Britain’s top finance minister tells POLITICO “European countries” must step up — but he faces call to get U.K.’s own house in order.

How a group of elderly Swiss women could take the UK out of the European Court

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Britain’s Conservatives are getting serious about leaving the ECHR.

Westminster honey trap scandal: Will Wragg quits Tory whip after leaking numbers

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Move comes after Hazel Grove MP leaked the personal phone numbers of a number of MPs in widening WhatsApp scandal.

Westminster ‘honey trap’ scandal: Tory MP Wragg resigns from top roles after leaking numbers

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He admitted he was targeted by a scammer on Grindr and had given out the personal phone numbers of a number of other MPs, who were later also targeted.

UK politics: Jeremy Hunt hints at October election – as it happened

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Chancellor says date would allow a spending review to be carried out in time for next AprilSir Jacob Rees-Mogg, the Tory MP and former business secretary, has described as “barmy” a ruling from Ofcom saying that GB News broke impartiality rules because…

A decade of pension freedoms

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SNEAK PEEK — Ten years since Osborne’s pension freedoms announced. — Rachel Reeves outlines a Labour economic recovery. — Treasury Committee looks at HMRC loan charge. Good morning readers! Today we’re looking back on the ten years since Osborne introduced pension freedoms. How the world’s changed since then … We’ve also got a preview of […]

Buy now, regulate later

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SNEAK PEEK — Labour gets thinking on Buy Now, Pay Later regulation. — Fintechs argue fraud payments legislation is unsuited to their needs. — FCA looks into treatment of vulnerable customers. Good morning readers! We hope you had a lovely weekend. To ease you into what will likely be yet another grey morning, we’ve got […]

Labour enters shark attack mode

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SNEAK PEEK — Labour goes after City fat cats — but expect a fight. — Government finally unveils autumn statement ISA reform legislation. — Car loan mis-selling bill wont hit PPI-scale disaster, says FCA boss. Happy Friday! We made it! After another busy week MFS U.K. has more content goodness for you to get through before you […]

We’re in a war right now, Britain’s former spy chief warns

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Given Putin’s aggression, “we’ve got to make some tough choices,” said Richard Dearlove, the one-time MI6 boss.

Labour called on to quash snooping bank bill

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SNEAK PEEK — Labour peer criticizes own party’s efforts on DWP snooping bill. — Hunt and Martin Lewis at odds over budget leaks. — Insurers finally extend flammable cladding home cover.  Happy Thursday! We’re all so close to the end of the week but there are still plenty of financial services goodies to get through […]

Counting frozen Russian funds

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SNEAK PEEK — Former Tory leader criticizes slow movement of Russian asset seizure.   — SCOOP: City minister talks up U.K. financial services’ role in digital innovation. — Banks push back against new government snooping bill. Happy Wednesday! We’re half way through the working week and oodles has already happened in the happy land of financial […]

City vs government in Russian freeze to seize debate

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SNEAK PEEK — U.K. government scared of seizing Russian assets, MP says. — Treasury talks tough on fraud with new rules for banks. — City minister summons banks to chat growth. Good morning readers!  Absolute ripper of a newsletter today, if we do say so ourselves. Read on to get the latest on why an […]

One year on from Silicon Valley Bank collapse

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SNEAK PEEK ― Silicon Valley Bank collapsed a year ago: what’s changed? ― Ministers gather for U.K. Global Fraud Summit. ― Labour assembles crack team to advise on National Wealth Fund. Happy Monday! Welcome to another week of financial services news and views. To kick off the week we have an amazingly insightful review into […]

Big banks vs little banks in the battle of who pays for failure

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SNEAK PEEK — Banks: who pays if smaller ones collapse? — Budget highs, lows, and no-gos. —City minister meets with top female finance gurus ahead of International Women’s Day. Good morning! Today we’ve got battling banks, budget chat and crypto. Keep reading! DRIVING THE DAY BIG BANKS AND SMALL BANKS BATTLE OVER WHO SHOULD PAY […]

Tories pray for a miracle after a lackluster budget

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A May general election now seems unlikely as Conservatives pin their hopes on an autumn tax surprise.

UK Budget 2024: All the highlights

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POLITICO watched Jeremy Hunt’s big fiscal event so you didn’t have to.

Budget bonanza

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SNEAK PEEK — Budget expectations, from National Insurance cuts to inheritance tax latest. — Bank capital treatment of SMEs might scupper retail-heavy budget plans. — FCA investigates banks’ loans to small businesses amid “super complaint.” Good morning … IT’S BUDGET DAY! POLITICO reporters have been running around like headless chickens trying to get the goss. […]

Jeremy Hunt’s scorched earth budget

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The UK chancellor is kicking every difficult decision beyond the general election.

UK Budget 2024: Jeremy Hunt set to announce tax cuts — live updates

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Follow every twist and turn as Britain’s chancellor rolls the pre-election dice.

Big debt and little budget

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SNEAK PEEK — Government should measure debt management better, MPs say. — Budget latest as Hunt looks to play it safe. — Banks try to solve Companies House mystery. Good morning readers! Budget day beckons … are you excited? Today we’ve got a damning report from MPs, budget goss, and depressing mortgage stats. Just another […]

Welcome to budget week

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SNEAK PEEK —  Wednesday’s budget looms and we’ve got the details. —  Bank of England told to clamp down on excessive compliance breaches. — Change of rules to allow fractional shares in ISAs set for delay. Good morning readers! We probably don’t need to remind you that it’s budget week this week. It’s going to be […]

Claire Coutinho: The UK’s chancellor-in-the-wings?

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Energy Secretary Claire Coutinho is charged with steering the U.K. to net zero — and may yet land a big promotion from her ally the prime minister.

The Week … Of the Budget

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This week — Jack and Sam do their best to predict what Chancellor Jeremy Hunt has up his sleeve for his second, and possibly final, budget statement on Wednesday. They discuss if national insurance or income tax could be cut and what language Mr Hunt might use about money for public services. Away from the […]

Jeremy Hunt knows Brexit Britain can’t afford to cut taxes

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The chancellor is prepared to inflict yet more austerity to pay for a budget bribe. But the UK needs more spending, not less“When I was young, it grew on me by the minuteThat we were outside Europe and should be in itNow I am old and we are back outsid…

Settling a potential Brexit dividend

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SNEAK PEEK — Geffen report on securities settlement reforms imminent. — Investors pour cold water on Hunt’s GB ISA plans. — Car loan redress will have “negligible impact” on most major banks. Good morning! Welcome to Friday — we made it, everyone.  To help you, dear readers, to the weekend we have plenty of great gear, including a report […]

MPs probe impact of UK’s sanctions on Russia

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SNEAK PEEK —  Treasury Committee launches probe into effectiveness of Russian sanctions. — Banks criticized for debanking SMEs while keeping fraudsters on the books. — City minister piles pressure on PRA over bank capital reforms. Good morning and happy leap day! It’s Thursday and you all know what that means….this is the second last MFS […]

Government eyes City as conduit for philanthropy

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SNEAK PEEK ― Government wants City firms to encourage wealthy clients to give money to charities. ― Market-based finance causing headaches for the Bank of England. ― Hunt warned not to cut taxes without spending review. Good morning! I hope you all survived the arctic-like weather yesterday and are sufficiently warm enough to read today’s […]

British banks head for a Basel win

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SNEAK PEEK — U.K. banks look set to get capital relief for SME lending. — Lloyds sets aside £450 million amid FCA investigation. — Government criticized for delays on sustainable finance. Good morning! James’ excellent scoop got a mention by none other than the Money Saver himself, Martin Lewis. Not too shabby for a newsletter […]

UK’s Jeremy Hunt to court first-time buyers with lifetime ISA shake-up

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Plan set for March 6 budget is already being welcomed by consumer champions.

Hunt attempts to woo first-time buyers

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SNEAK PEEK — SCOOP: Hunt to court first-time buyers with lifetime ISA shake-up. — Bim Afolami defends “damp squib” Edinburgh reforms. —King Charles III will be on your fivers from June 5. Good morning! We’re writing to you from our London HQ. Perhaps one day we’ll write from the BT Tower, which is due to become […]

POLITICO rings the London Stock Exchange bell

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SNEAK PEEK — U.K. regulatory contingent heads across the Channel for some schmoozing. — Cross-bench MPs to probe Bank of England on interest rate division.  — FCA calls in real-estate big guns as work-from-home trend continues. Good morning! Today marks the official launch of POLITICO Pro Financial Services U.K. subscription service and the very first […]

UK vows to avoid Europe’s ‘clumsy’ green policies as protests rage

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Energy Secretary Claire Coutinho tells POLITICO that Britain wants to swerve ideas ‘public feel are not in their interests’ — prompting a furious pushback from some in Europe.

Britain’s Conservatives are warming to Donald Trump 2.0

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Tory right-wingers are learning to love the Donald again — but not everyone’s thrilled.

Brexit cost us the only good thing Margaret Thatcher did | William Keegan

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Now that the UK has been taken out of trade zone, we are left only with the damage she wreaked on the British polityBoth chancellor Jeremy Hunt and shadow chancellor Rachel Reeves went to the annual Davos World Economic Forum last week proclaiming that…

7 tripwires for Rishi Sunak as 2024 fires up

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With an election looming, the UK prime minister is facing his toughest year yet.

POLITICO London Playbook awards 2023: all the winners from a wild year in UK politics

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From minister of the year to the wildest social media storms, POLITICO’s essential Westminster newsletter picks the big hitters.

Jeremy Hunt to unveil pre-election budget on March 6

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LONDON — Britain’s chief finance minister Jeremy Hunt will unveil his next budget on March 6, the U.K. government said Wednesday. The U.K. Treasury said in a statement the Chancellor of the Exchequer had commissioned the budget watchdog, the Office for Budget Responsibility, to prepare economic and fiscal forecasts for the budget on the March […]

UK and Switzerland strike ‘first of its kind’ financial services deal

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Top finance minister Jeremy Hunt says deal a signal ‘to all other countries that we are open to doing a deal that boosts choice and competition.’

UK and Switzerland agree to deepen ties between City and Swiss banking system

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Treasury says post-Brexit tie-up to be signed on Thursday will ease cross-border market access for financial servicesThe UK and Switzerland will agree to forge closer links on Thursday in a post-Brexit accord that aims to deepen ties between the City a…

Europe to be late arrival at Federal Reserve party

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ECB and BoE refuse to countenance rate cuts, despite a clear pivot moment from the Fed.

Rishi Sunak loves Big Tech. Why does he keep scaring them away?

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A surveillance reform speeding through parliament is just the latest UK government proposal that has tech companies worried.

Jeremy Hunt’s post-Brexit City shake-up is ‘damp squib’, say MPs

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Treasury select committee says Edinburgh reforms launched a year ago have had little impact on UK economyJeremy Hunt’s post-Brexit City shake-up has been dismissed as a “damp squib” that has had little impact on the UK economy a year after its launch.T…

Jeremy Hunt blames Brexit for sparking half-decade of instability

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Chancellor says vote led to ‘incredibly challenging time’ as he defends tax cuts paid for by public sector austerityBusiness live – latest updatesJeremy Hunt has blamed Brexit for more than half a decade of political instability that has undermined bus…

UK energy chief reveals Cabinet split over Bidenomics

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Energy Secretary Claire Coutinho says increased US green subsidies are a ‘welcome thing’ for the UK, just months after colleagues slammed the plans as ‘protectionist.’

Raab rejects claim that Johnson’s government was ‘puppet regime’ run by Cummings – as it happened

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This live blog is now closed, you can read more from today’s Covid inquiry hereBack at the home affairs committee, Tim Loughton (Con) has just had another go at getting answers about the number of asylum applications that have been withdrawn. (See 10.3…

Jovial Jeremy Hunt says he is going for ‘growth’, but remains hobbled by Brexit

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Jeremy Hunt’s almost carefree approach to the autumn statement bespoke a chancellor, and a party, that has largely ceased to careWhat impressed me most about the delivery of last week’s autumn statement was the good-humoured – almost jovial – manner in…

Nissan confirms future of Sunderland factory with government support

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The pledge to build three electric vehicle models in the UK will protect 7,000 direct jobs, the firm said.

9 hidden details buried in Rishi Sunak’s Autumn Statement

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Cut through the spin with POLITICO’s guide to the fiscal small-print.

5 Tory crowd-pleasers in the Autumn Statement — and what they actually cost

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POLITICO crunches the numbers from Jeremy Hunt’s big moment.

UK Autumn Statement: Jeremy Hunt cuts tax in bid to cheer gloomy Tories

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National Insurance cut comes amid voter anxiety about the cost of living — and downgraded U.K. growth forecasts.

Party like it’s 2010? Rishi Sunak takes Tories back to the future

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With David Cameron back in the Cabinet and Jeremy Hunt reviving tax policies from years ago, the UK Conservatives are hoping their old tricks are still the best.

The week of … the autumn statement

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Listen to the latest episode on your favorite platform In this episode, they look ahead to the Chancellor Jeremy Hunt’s autumn statement — the last big fiscal event of the year — and there’s a lot of talk about tax cuts. But who will be the winners and losers? Jack and Sam speak to Sky’s […]

Rishi Sunak declares victory as fall in UK inflation rate meets his pledge

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UK prime minister talks up ‘hard decisions and fiscal discipline’ as inflation rate falls to 4.6 percent. Labour say don’t pop the champagne corks yet.

Rishi Sunak’s Cabinet reshuffle: Every big move

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It’s not just David Cameron. POLITICO runs through the key appointments so far as the UK prime minister shakes up his Cabinet.

Rishi Sunak under pressure to sack Suella Braverman after row over pro-Palestinian rallies

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Braverman’s comments are a fresh headache for the UK leader.

Rishi Sunak plots pre-election tax trap for Labour

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Could the Conservatives derail Keir Starmer’s apparently smooth path to victory with a tax giveaway next year?

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