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...One person familiar with the exchange said: “It was an awful meeting, to the extent that Hunt told Dyson: ‘If you think you could do a better job, why don’t you just stand for election?’.”...
...“If I was the chancellor I would definitely be looking to do something on the non-dom regime that hopefully didn’t kill the golden goose that lays the golden egg of having international visitors to Britain...
...“In our view there aren’t easy things you can do in the short term,” he said, adding that resolving ongoing and costly industrial disputes with doctors “could be the single biggest contributor to improving...
...“The FCA doesn’t determine policy on pensions — the chancellor does,” said one. “The FCA should stop trying to make policy....
...“We need to make sure that companies are regulated in a way that makes sure that what happens to their balance sheet doesn’t do damage to public services on which we all depend,” Hunt said....
From Matthew Hunt, Bangkok, Thailand
...But in terms of assessing how it has landed politically, the potential game-changer here isn’t anything that Hunt has “given away” in terms of tax cuts: they did not move the dial with voters last time and...
...Last week Sunak ruled out holding a general election on the same day as the local elections on May 2, telling ITV News: “There won’t be a general election on that day.”...
...I’m not suggesting for a second that Hunt doesn’t understand the damage Brexit has done and the bind it puts the UK in when it comes to attracting trade and investment — I’ve no doubt he’s painfully aware...
...I didn’t think that Jeremy Hunt delivered a Budget that he would be happy to inherit himself after the next election....
...The chancellor told The Sunday Telegraph: “We don’t have as much of a positive outlook as we had at the end of the Autumn Statement.”...
...“It doesn’t feel like a May election now. If that was the launch pad? Jesus wept.”...
...Hunt warned moderate Tory MPs from the One Nation group to temper their expectations of big tax cuts at a private meeting on Monday. “He said there wasn’t a shed load of money,” said one attendee....
...“The pools of capital in the UK are quite severely constrained by outflows which don’t show any signs of coming back,” Fine said. “That just leaves capital markets at an impasse.”...
...“It doesn’t look to me like we will have the same scope for cutting taxes in the spring Budget that we had in the Autumn Statement,” Hunt said....
...“It is a tough call, but it isn’t clear whether there will be easier alternatives.”...
...Some were “quite pure free-market economists who don’t like this sort of thing”, said one executive....
...Did Jeremy Hunt’s Budget boost the Conservatives’ chances at the forthcoming will-they-won’t-they-why-don’t-they-get-on-with-it general election? Probably not....
...“I would only cut taxes in a way that was responsible and I certainly wouldn’t do anything that fuelled inflation just when we are starting to have some success in bringing down inflation,” Hunt told Sky...
...Siva Anandaciva, chief policy analyst at the King’s Fund think-tank, said that since the extra money for technology kicked in from 2025, “I wouldn’t walk into a hospital and expect to be greeted by a robot...
...Lord Ken Clarke, former Tory chancellor, is said by Hunt’s allies to be a particular hero: Clarke oversaw an economic revival in the 1990s which ultimately was inherited by the incoming Labour chancellor...
...Hunt is expected to cut taxes in the Budget but the chancellor recently sought to manage expectations about the scale of any giveaway, warning: “It doesn’t look to me like we will have the same scope for...
...But Randa William, principal of the Children’s House Montessori in Kent, has opted out of Hunt’s new scheme because she still hasn’t been told what she will be paid — despite the rollout starting next month...
...“Osborne doesn’t talk to anyone in Number 10.”...
...Chancellor Jeremy Hunt is clearly keen to cut taxes in next week’s UK Budget. But money is tight....
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