Jeremy Hunt | Al Majalla

Britain's Chancellor Jeremy Hunt leaves 11 Downing Street to attend Parliament in London, Thursday, Nov. 17, 2022. Just three weeks after taking office, British Prime Minister Rishi Sunak faces the challenge of balancing the nation's budget while helping millions of people slammed by a cost-of-living crisis. Treasury chief Jeremy Hunt will deliver the government's plan for tackling a sputtering economy in a speech to the House of Commons on Thursday. (AP Photo/Alastair Grant)

UK Budget Takeaways: Higher Taxes, More Aid To Needy

The British government unveiled an emergency budget featuring billions in tax increases in a bid to restore trust and stability in the U.K. economy and help millions struggling to cope with a…

AP 17 November 2022

British Prime minister Rishi Sunak speaks during Prime Minister's weekly question time debate, at the House of Commons in London, Britain, November 2, 2022. UK Parliament/Jessica Taylor/Handout via REUTERS

UK To Extend Windfall Taxes On Energy Firms -The Times

British Prime Minister Rishi Sunak and Chancellor of the Exchequer Jeremy Hunt are planning to extend windfall taxes on oil and gas companies to raise nearly 40 billion pounds ($45.55 billion) over…

02 November 2022

Commuters walk across London Bridge toward the financial district, in London, Britain, September 26, 2022. REUTERS/Peter Nicholls/File Photo

UK Faces Tax Rises As Well As Spending Cuts - Treasury Source

Everyone in Briton will need to pay more in tax in the coming years to fix a hole in public finances, a source in the finance ministry said on Monday, following a meeting between Prime Minister Rishi…

31 October 2022

New Chancellor of the Exchequer Jeremy Hunt leaves 10 Downing Street in London, Britain, October 14, 2022. REUTERS/Henry Nicholls/File Photo

New UK Finance Minister Hunt Scraps Tax Cuts, Reins in Energy Support

New finance minister Jeremy Hunt scrapped Prime Minister Liz Truss's economic plan and scaled back her vast energy subsidy on Monday, launching one of the biggest U-turns in British fiscal policy to…

17 October 2022

Jeremy Hunt, Conservative party leadership candidate attends an interview, in London, Britain, July 10, 2022. REUTERS/Peter Nicholls/File Photo

Jeremy Hunt is Britain's New Finance Minister - Times

Former British foreign minister Jeremy Hunt is the country's new finance minister, the Times reported on Friday, after Kwasi Kwarteng was sacked from the role by Prime Minister Liz Truss. "Jeremy…

14 October 2022

Boris Johnson addresses supporters during a rally for the 'Vote Leave' campaign on April 15, 2016 in Manchester, England. (Getty)

Johnson and Hunt Sprinting Towards Number 10

The two remaining contenders to replace Theresa May as Conservative party leader and, by extension, British prime minister - Boris Johnson and Jeremy Hunt - must now prove that they can succeed where…

Yasmine El-Geressi and Ali El Shamy 28 June 2019

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