Jeremy Hunt, a British politician and Member of Parliament for South West Surrey, has been making headlines recently for his economic policies and pledges. Hunt, who served in the Cabinet from 2010 to 2019, has faced scrutiny over his commitment to spend 2.5% of Britain's GDP on defense by 2030. Additionally, he made a major U-turn by announcing the axing of the non-dom tax break, a move that was met with criticism from Labour's Rachel Reeves for containing "a load of loopholes." Hunt has defended his decisions, stating that he plans to pay for the expensive pledges through economic growth.
Born on November 1, 1966, Jeremy Richard Streynsham Hunt has been a prominent figure in British politics as a member of the Conservative Party. He has represented South West Surrey in Parliament since 2005 and has held various ministerial positions, including Secretary of State for Health and Social Care. Hunt's political career has been marked by his involvement in key policy areas such as healthcare and foreign affairs. As a seasoned politician, he continues to play a significant role in shaping the economic and political landscape of the United Kingdom.
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The Financial Conduct Authority defended the proposals and stressed that they were still being deliberated.
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Experts have claimed ‘fiscal drag’ means that those earning less than £26,000 will actually be worse off after the cuts to National Insurance
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PM has faced scepticism over costing of his commitment to spend 2.5% of Britain’s GDP on defence by 2030
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Rolling coverage of the latest economic and financial news
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Group will advise on how to modernise HMRC after Reeves reveals plan for £5bn crackdown
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Chancellor Jeremy Hunt says he will pay for the "expensive" pledge through economic growth.