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Jeremy Hunt

The Bank of England faces a tricky balancing act, weighing up inflationary pressures, market volatility and recessionary concerns.

Interest rates: Why the latest hike may not be an end to the pain

UK inflation shot up unexpectedly last month as vegetable shortages pushed food prices to their highest rate in more than 45 years, according to official figures. (Photo by JUSTIN TALLIS/AFP via Getty Images)
UK inflation shot up unexpectedly last month as vegetable shortages pushed food prices to their highest rate in more than 45 years, according to official figures. (Photo by JUSTIN TALLIS/AFP via Getty Images)

What does high inflation mean? This is what happens when inflation rises

The rise comes after three consecutive months of slowing, driven by dining out and food price rises.
The rise comes after three consecutive months of slowing, driven by dining out and food price rises.

Inflation rate in surprise jump to 10.4% in February

Chancellor Jeremy Hunt's boost to childcare funding should be replicated by the Scottish Government (Picture: Stefan Rousseau/PA)
Chancellor Jeremy Hunt's boost to childcare funding should be replicated by the Scottish Government (Picture: Stefan Rousseau/PA)

Scotland stands to benefit from Chancellor’s new Budget for growth

Teachers are among just one of the many professions striking
Teachers are among just one of the many professions striking

Who is striking and when in 2023?

Chancellor of the Exchequer Jeremy Hunt delivers his Budget to the Commons (Picture: UK Parliament/Andy Bailey/PA)
Chancellor of the Exchequer Jeremy Hunt delivers his Budget to the Commons (Picture: UK Parliament/Andy Bailey/PA)

Another Tory Budget, another missed chance to reverse the UK's economic decline

BBC Panorama shared research that shows the cost of fifteen years of wage stagnation on British workers
BBC Panorama shared research that shows the cost of fifteen years of wage stagnation on British workers

UK wage stagnation costing British workers £11,000 per year

SNP say rising energy bills show Scotland 'paying price for Westminster failure'

US President Joe Biden signs the Inflation Reduction Act, which includes the biggest package of climate change measures in US history, in August last year (Picture: Mandel Ngan/AFP via Getty Images)
US President Joe Biden signs the Inflation Reduction Act, which includes the biggest package of climate change measures in US history, in August last year (Picture: Mandel Ngan/AFP via Getty Images)

The UK is falling behind in the green industrial revolution – Stewart McDonald

Chancellor of the Exchequer Jeremy Hunt has announced the UK Government’s budget in the House of Commons - but what does it mean for the average Scot? Pic: Jane Barlow/PA Wire
Chancellor of the Exchequer Jeremy Hunt has announced the UK Government’s budget in the House of Commons - but what does it mean for the average Scot? Pic: Jane Barlow/PA Wire

Here's what the Budget means for Scottish households

Fringe Society chief excutive Shona McCarthy. Picture: Lisa Ferguson
Fringe Society chief excutive Shona McCarthy. Picture: Lisa Ferguson

Edinburgh International Festival and Fringe set to share £8.6m Budget boost

Chancellor Jeremy Hunt's increase in government spending on childcare means the Scottish Government will get extra funding (Picture: Stefan Rousseau/WPA pool/Getty Images)
Chancellor Jeremy Hunt's increase in government spending on childcare means the Scottish Government will get extra funding (Picture: Stefan Rousseau/WPA pool/Getty Images)

Budget shows UK's unwavering commitment to tackling cost-of-living crisis

Fringe Society chief executive Shona McCarthy. Picture: Lisa Ferguson
Fringe Society chief executive Shona McCarthy. Picture: Lisa Ferguson

Edinburgh Festival Fringe chiefs defend plan for new multi-million pound HQ

The Chancellor Jeremy Hunt has found defending the budget far from child's play.
The Chancellor Jeremy Hunt has found defending the budget far from child's play.

Analysis: Defending a budget is always harder than delivering it

Scottish Secretary Alister Jack says he argued against the duty hike.
Scottish Secretary Alister Jack says he argued against the duty hike.

Alister Jack accused of ‘colossal failure’ over duty hike on Scotch whisky

CAMRA have responded to the Spring Budget
CAMRA have responded to the Spring Budget

CAMRA says local pubs still under threat despite draught duty cut

Experts from the industry have given an insight into what effect Jeremy Hunt’s new Spring Budget will have on the UK housing market.
Experts from the industry have given an insight into what effect Jeremy Hunt’s new Spring Budget will have on the UK housing market.

What does spring budget mean for housing market? Zoopla forecast

Chancellor Jeremy Hunt has defended plans to increase duty on Scotch whisky, despite the industry saying the rise announced in the Budget breaks a previous commitment made by the UK Government.
Chancellor Jeremy Hunt has defended plans to increase duty on Scotch whisky, despite the industry saying the rise announced in the Budget breaks a previous commitment made by the UK Government.

Jeremy Hunt defends alcohol duty hike after criticism from Scotch whisky sector

Smoking is now at least 15% more expensive following Jeremy Hunt’s Spring Budget 2023 - Credit: Adobe
Smoking is now at least 15% more expensive following Jeremy Hunt’s Spring Budget 2023 - Credit: Adobe

Bad news for smokers: Cigarettes now cost more than ever

Chancellor of the Exchequer Jeremy Hunt delivering his Budget to the House of Commons in London. Picture date: Wednesday March 15, 2023.
Chancellor of the Exchequer Jeremy Hunt delivering his Budget to the House of Commons in London. Picture date: Wednesday March 15, 2023.

Jeremy Hunt defends Budget amid criticism over pensions giveaway for richest 1%

Martin McTague, the FSB National Chairman
Martin McTague, the FSB National Chairman

Budget 2023: Muted welcome from business as many measures fail to hit the mark

Jeremy Hunt announced plans for new investment zones that he said could be as successful as Canary Wharf in London (Picture: Oli Scarff/Getty Images)
Jeremy Hunt announced plans for new investment zones that he said could be as successful as Canary Wharf in London (Picture: Oli Scarff/Getty Images)

Hunt's Budget optimism can't hide the harsh economic reality faced by many

Chancellor of the Exchequer Jeremy Hunt standing at the despatch box making his annual budget statement in the House of Commons in London. Picture: Andy Bailey/UK Parliament/AFP via Getty Images
Chancellor of the Exchequer Jeremy Hunt standing at the despatch box making his annual budget statement in the House of Commons in London. Picture: Andy Bailey/UK Parliament/AFP via Getty Images

Why this was a Tory austerity Budget 'on stilts'

Chancellor Jeremy Hunt leaves Downing Street with the despatch box after presenting his spring budget to parliament
Chancellor Jeremy Hunt leaves Downing Street with the despatch box after presenting his spring budget to parliament

John McLaren: Why the scene-setter Budget neither excites nor satisfies

The Hinkley Point C nuclear power station is being built in Bridgwater, Somerset (Picture: Finnbarr Webster/PA)
The Hinkley Point C nuclear power station is being built in Bridgwater, Somerset (Picture: Finnbarr Webster/PA)

Why Chancellor Jeremy Hunt is dead wrong about nuclear power – Dr Richard Dixon

Chancellor of the Exchequer Jeremy Hunt said the UK was proving the "doubters" wrong.
Chancellor of the Exchequer Jeremy Hunt said the UK was proving the "doubters" wrong.

UK avoids 'technical recession' but forecasts still show standards collapse

Chancellor Jeremy Hunt. Picture: Jordan Pettitt/PA Wire
Chancellor Jeremy Hunt. Picture: Jordan Pettitt/PA Wire

Budget 2023: SNP ministers urged to match Jeremy Hunt's childcare expansion

The whisky industry has criticised Chancellor Jeremy Hunt's Budget.
The whisky industry has criticised Chancellor Jeremy Hunt's Budget.

Budget 2023: Scotch whisky industry dealt 'historic blow' amid tax hike

Chancellor of the Exchequer Jeremy Hunt has avoided a recession, but will need the OBR forecasts to be wrong ahead of the next election.
Chancellor of the Exchequer Jeremy Hunt has avoided a recession, but will need the OBR forecasts to be wrong ahead of the next election.

Jeremy Hunt announces reforms but poll boost unlikely

Chancellor of the Exchequer Jeremy Hunt leaves 11 Downing Street, London, with his ministerial box before delivering the UK Budget (Picture: Stefan Rousseau/PA Wire)
Chancellor of the Exchequer Jeremy Hunt leaves 11 Downing Street, London, with his ministerial box before delivering the UK Budget (Picture: Stefan Rousseau/PA Wire)

Why UK Budget is a continuation of the Tories’ 13 years of failure – Ian Murray

Jeremy Hunt confirmed nuclear power would be classed as “environmentally sustainable” to drive investment in the energy sector, and said he would launch “Great British Nuclear” to bring down costs
Jeremy Hunt confirmed nuclear power would be classed as “environmentally sustainable” to drive investment in the energy sector, and said he would launch “Great British Nuclear” to bring down costs

RECAP: Jeremy Hunt announces Budget with pension, fuel duty, and energy changes

The Chancellor announced big changes on how much money can be put into pension pots tax free.
The Chancellor announced big changes on how much money can be put into pension pots tax free.

Budget 2023: Major changes to pension pots 'tremendous news for economy'

Nuclear power will be classed as “environmentally sustainable” which will give it access to the same investment incentives as renewable energy.
Nuclear power will be classed as “environmentally sustainable” which will give it access to the same investment incentives as renewable energy.

Nuclear power to be reclassed as 'environmentally sustainable'

Martin Lewis reacts to Jeremy Hunt’s budget after Chancellor name checks him and ‘calls speaker old’
Martin Lewis reacts to Jeremy Hunt’s budget after Chancellor name checks him and ‘calls speaker old’

Budget 2023: Martin Lewis gives his verdict

Britain’s Chancellor of the Exchequer Jeremy Hunt poses with the red Budget Box as he leaves 11 Downing Street in central London on March 15, 2023, to present the government’s annual budget to Parliament. (Photo by JUSTIN TALLIS / AFP) (Photo by JUSTIN TALLIS/AFP via Getty Images)
Britain’s Chancellor of the Exchequer Jeremy Hunt poses with the red Budget Box as he leaves 11 Downing Street in central London on March 15, 2023, to present the government’s annual budget to Parliament. (Photo by JUSTIN TALLIS / AFP) (Photo by JUSTIN TALLIS/AFP via Getty Images)

Budget 2023: Living standards to fall by 6% - OBR

Chancellor Jeremy Hunt has announced 30 hours of free childcare for one and two year olds
Chancellor Jeremy Hunt has announced 30 hours of free childcare for one and two year olds

Budget 2023: Free childcare for under 5s explained

Chancellor Jeremy Hunt
Chancellor Jeremy Hunt

Jeremy Hunt announces £320m for Scotland as well as 'potential Canary Wharf'

Chancellor Jeremy Hunt addressed the House of Commons with his Spring Budget 2023 on Wednesday - Credit: Getty Images
Chancellor Jeremy Hunt addressed the House of Commons with his Spring Budget 2023 on Wednesday - Credit: Getty Images

Key announcements from Chancellor Jeremy Hunt’s Spring Budget 2023

Chancellor of the Exchequer Jeremy Hunt leaves 11 Downing Street, London, with his ministerial box and members of his ministerial team before delivering his Budget at the Houses of Parliament. Picture: Victoria Jones/PA Wire
Chancellor of the Exchequer Jeremy Hunt leaves 11 Downing Street, London, with his ministerial box and members of his ministerial team before delivering his Budget at the Houses of Parliament. Picture: Victoria Jones/PA Wire

What changes has Jeremy Hunt announced for UK pensions in Budget?

UK Chancellor of the Exchequer Jeremy Hunt who will set out his Spring Budget plan on Wednesday.
UK Chancellor of the Exchequer Jeremy Hunt who will set out his Spring Budget plan on Wednesday.

What to expect and where to watch the Spring Budget announcement

Gourock's outdoor pool is one of the most popular in Scotland
Gourock's outdoor pool is one of the most popular in Scotland

Plea for Scottish Government to help fund swimming pools and follow Hunt's lead

RMT general secretary Mick Lynch (centre) on an RMT picket line during January’s strike (Photo by DANIEL LEAL/AFP via Getty Images)
RMT general secretary Mick Lynch (centre) on an RMT picket line during January’s strike (Photo by DANIEL LEAL/AFP via Getty Images)

Who is on strike today? Teachers & junior doctors included

Chancellor set to extend fuel duty cut beyond March

MoneySavingExpert’s Martin Lewis has joined calls for the Government to urgently consider halting plans to raise energy bills in April, saying any decision cannot wait until the spring Budget.
MoneySavingExpert’s Martin Lewis has joined calls for the Government to urgently consider halting plans to raise energy bills in April, saying any decision cannot wait until the spring Budget.

What is the Energy Price Guarantee? How does it differ from the price cap?

The energy price guarantee will be extended for a further three months from April to June at its current level
The energy price guarantee will be extended for a further three months from April to June at its current level

Energy Price Guarantee to be extended to end of June

The Energy Price Guarantee (EPG) will remain at £2,500 for an additional three months.
The Energy Price Guarantee (EPG) will remain at £2,500 for an additional three months.

Budget 2023: Energy Price Guarantee to be extended to June

Ukrainian and Czech circus artists performed at the McEwan Hall during last year's Fringe (Picture: Lisa Ferguson)
Ukrainian and Czech circus artists performed at the McEwan Hall during last year's Fringe (Picture: Lisa Ferguson)

Chancellor's £8.6m festivals boost likely to prompt Scottish Government reaction

The Chancellor Jeremy Hunt will deliver the Budget on Wednesday with a focus on getting people back to work, and cutting inflation.
The Chancellor Jeremy Hunt will deliver the Budget on Wednesday with a focus on getting people back to work, and cutting inflation.

Chancellor set to deliver ‘back-to-work’ Budget and promise push for growth

The Chancellor of the Exchequer Jeremy Hunt is being urged to use the Budget to "put money back into people's pockets".
The Chancellor of the Exchequer Jeremy Hunt is being urged to use the Budget to "put money back into people's pockets".

What does the Scottish Government want from the Budget and will it get it?

Lucille and Cecilia promote their Sea Lion Play on the Royal Mile during the 2018 Edinburgh Festival Fringe (Picture: Christopher Furlong/Getty Images)
Lucille and Cecilia promote their Sea Lion Play on the Royal Mile during the 2018 Edinburgh Festival Fringe (Picture: Christopher Furlong/Getty Images)

UK Government funding for Edinburgh Festival should be welcomed with open arms

Samantha Pierre-Joseph shows her smart meter indicating that she is on a ‘Prepayment tariff’ in her house in London.
Samantha Pierre-Joseph shows her smart meter indicating that she is on a ‘Prepayment tariff’ in her house in London.

Millions of struggling households set to see energy bills slashed

File photo dated 17/11/2022 of Jeremy Hunt who will set out a Spring Budget on March 15 2023, the Treasury has said. The Chancellor on Monday commissioned an Office for Budget Responsibility forecast, which will be presented alongside the budget. Issue date: Monday December 19, 2022.
File photo dated 17/11/2022 of Jeremy Hunt who will set out a Spring Budget on March 15 2023, the Treasury has said. The Chancellor on Monday commissioned an Office for Budget Responsibility forecast, which will be presented alongside the budget. Issue date: Monday December 19, 2022.

UK job vacancies fall for eighth time in a row

Assembly is one of the biggest venue operators at the Edinburgh Festival Fringe. Picture: William Burdett-Coutts
Assembly is one of the biggest venue operators at the Edinburgh Festival Fringe. Picture: William Burdett-Coutts

Chancellor to hand Edinburgh's festivals £8.6m funding boost in Spring Budget

There had been mounting worries that the collapse could have sent shockwaves through the technology and life sciences sector in the UK.
There had been mounting worries that the collapse could have sent shockwaves through the technology and life sciences sector in the UK.

Analysis: Silicon Valley Bank's collapse likely to cause ripples for some time

The UK arm of collapsed US lender Silicon Valley Bank has been bought by HSBC after the Government and Bank of England stepped in to “facilitate” a private sale.
The UK arm of collapsed US lender Silicon Valley Bank has been bought by HSBC after the Government and Bank of England stepped in to “facilitate” a private sale.

Silicon Valley Bank UK sold to HSBC

Gary Lineker returns home with his dog on Sunday
Gary Lineker returns home with his dog on Sunday

Talks over Gary Lineker’s return 'moving in the right direction' say BBC

The Scotsman Top Stories

The Channel island of Jersey has long been criticised by financial transparency campaigners. Picture: Sebastien Salom-Gomis/AFP/Getty
The Channel island of Jersey has long been criticised by financial transparency campaigners. Picture: Sebastien Salom-Gomis/AFP/Getty

Revealed: Circularity Scotland CEO's ties to offshore tax haven firm

A scene from Scotch on the Rocks. Picture: BBC
A scene from Scotch on the Rocks. Picture: BBC

Scotch on the Rocks: 50 years since TV thriller 'banned' after SNP outrage

One of the three leadership candidates is set to become First Minister this week.
One of the three leadership candidates is set to become First Minister this week.

What happens after the next SNP leader is elected?