LATEST BUSINESS NEWS

Schools in England will get an extra £3.6 billion over the next two years, the Chancellor has announced (Ben Birchall/PA)

Hunt pledges £4.6bn more for schools, saying good education is ‘moral mission’

Insulation being laid in a loft (Philip Toscano/PA)

Extra £6 billion funding for insulating draughty homes ‘too little, too late’

City of London skyline

Bank surcharge slashed but ‘so-called cut’ means 1% tax rise for sector

Models of houses on coins

House prices expected to fall by 9% over next two years, says OBR

Autumn statement 2022

Hunt pledges to make UK ‘the world’s next Silicon Valley’

An electric car being charged

Electric vehicles to lose VED exemption

FTX

New CEO of FTX condemns ‘complete failure’ of corporate control

Pound

Pound tumbles amid market fears for UK economy and impact of austerity budget

Autumn statement 2022

Business rates package welcomed by industry but ‘urgent reform’ still needed

Autumn statement 2022

Reeves: Chancellor picked the pockets of entire country with autumn statement

Big Issue vendors

Chancellor accused of pushing more people into poverty

Brexit

OBR: Brexit has had ‘significant adverse impact’ on UK trade

Autumn statement 2022

Hunt blames ‘recession made in Russia’ as he increases taxes and cuts spending

Autumn statement 2022

Key points from Chancellor Jeremy Hunt’s autumn statement

Financial forecasts

UK economy in recession says OBR as growth forecast for next year slashed

North Sea

Wind farms to pay higher windfall tax than oil rigs, Chancellor reveals

Autumn statement 2022

Hunt sets out tax rises and spending cuts in the face of economic storm

An electric car charging

Electric cars to lose vehicle excise duty exemption