The fall in inflation means “we have turned a corner”, Treasury Chief Secretary Laura Trott said.
Official figures published on the eve of the Chancellor’s statement show that, although Government borrowing in October was higher than expected, the year-to-date figure is still below the amount the budget watchdog had forecast.
Mr Hunt has insisted he will be “responsible with the nation’s finances”, but his statement today will “focus on how we boost business investment and get people back into work”.
Ms Trott, the Chancellor’s deputy in the Treasury, defended the plans to get people off welfare and into jobs, saying it is the “duty” of those who can work to do so. The plans could see those with mental health or mobility problems told to search for work which is possible to do from home.
According to The Times, people could see their benefits reduced by £4,680 a year from 2025 as part of a significant tightening of welfare rules.
This story is from the {{IssueName}} edition of {{MagazineName}}.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the {{IssueName}} edition of {{MagazineName}}.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
"The board is very much behind Chris and Lee. We made our decision and we are very comfortable with our decision" - Mark Russell
IT has certainly not been the start to the season that Plymouth Parkway would have wanted.
EASY DOES IT FOR RAMI
AL HAJJ APPRECIATES SMOOTH TRANSITION AT HOME PARK
Gibson must be next to get a new deal at Home Park
THERE was a deserved contract extension for Plymouth Argyle captain Joe Edwards earlier this month. Now they should be looking to tie up a new deal for another of their key players.
Austin can't stop defeat for Bluebird
GLENN Austin added scores of at least three figures during 18 of his visits to the board for Bluebird A in a 7-4 Monday Premier League loss at Legends Lounge.
We used holiday money to buy hand gel and face masks... then gave it to our NHS customers
TWO selfless shopkeepers have donated more than £100,000 of food and medical assistance to people in their community since the pandemic.
Migrants could be in hotels for up to three years-report
MIGRANTS could be housed in hotels for up to three more years due to the asylum backlog, it has been reported.
Girl, 14, hurt in suspected acid attack near school
A 14-YEAR-OLD girl has been left with potentially life-changing injuries after a suspected acid attack outside a school in west London.
Warning of Iran attack as Israel masses forces
IRAN is preparing to \"imminently\" launch a ballistic missile attack on Israel, according to a United States administration official, who warned of \"severe consequences\" should it take place.
Market stall is more than just retail outlet
ASSISTANCE ALSO OFFERED AT STALL OPENED 25 YEARS AGO
Plans submitted for dockyard site
INDUSTRIAL UNITS PART OF REVITILISATION’