Jeremy Hunt

Former foreign minister Jeremy Hunt has been appointed Britain's finance minister, Prime Minister Liz Truss's office said on Friday, following Kwasi.

[UK PM Truss fires finance minister Kwarteng: Report](https://english.alarabiya.net/News/world/2022/10/14/UK-finance-minister-Kwarteng-to-be-sacked-Reports) [UK PM Truss determined to deliver growth plans: Minister](https://english.alarabiya.net/News/world/2022/10/14/UK-PM-Truss-determined-to-deliver-growth-plans-Minister) [UK’s Kwarteng sticks to tax plan saying he’s ‘not going anywhere’](https://english.alarabiya.net/business/economy/2022/10/13/UK-s-Kwarteng-sticks-to-tax-plan-saying-he-s-not-going-anywhere-) Truss, in power for only 37 days, then told a news conference she would now allow a key business levy to rise from next year, raising £18 billion ($20 billion), as she accepted she had gone “further and faster” than markets had been expecting. [For the latest headlines, follow our Google News channel online or via the app.](https://news.google.com/publications/CAAqBwgKMOnQlwswi_quAw?oc=3&ceid=US:en&hl=en-US&gl=US)

Jeremy Hunt, the former longest-serving health secretary, has been named as Chancellor, in a move which could have implications for NHS spending.

‘And he will drive our mission to go for growth, including taking forward the supply-side reforms that our country needs. - ‘Move back to the system where everyone has their own GP rather than just being attached to a surgery. He will see through the support we are providing to help families and businesses, including our energy price guarantee that is protecting people from higher energy bills this winter. - ‘Hospitals are full of people who can’t be discharged due to social care issues, mainly staff shortages. And she said: ‘Today, I have asked Jeremy Hunt to become the new Chancellor. [Upon the appointment of Ms Truss as Prime Minister in August,](https://www.pulsetoday.co.uk/news/politics/former-health-ministers-all-ruled-out-of-prime-minister-race/) Mr Hunt took to Twitter to set out his suggestions for a six-point list of emergency NHS actions. [confirmed he would not cut Department of Health and Social Care spending](https://www.pulsetoday.co.uk/news/practice-personal-finance/tax-cutting-budget-reverses-ir35-reforms-affecting-gp-locums/), he had not been able to say how the tax reduction would be funded. [scrapping the Health and Social Care Levy that had been due to come into force in April](https://www.pulsetoday.co.uk/news/practice-personal-finance/new-chancellor-scraps-nhs-levy-and-ni-hike/). [had been intended to raise £36bn to buffer the NHS’s coffers](https://www.pulsetoday.co.uk/news/politics/national-insurance-rise-will-raise-36bn-in-three-years-for-nhs-and-social-care/) even before the impact of raging inflation. [repeated his wish for GPs to have individual patient lists](https://www.pulsetoday.co.uk/news/clinical-areas/elderly-care/jeremy-hunt-suggests-gps-should-have-their-own-lists-of-patients/), arguing that [moving away from continuity of care has been ‘a big mistake’.](http://that moving away from continuity of care is a ‘big mistake’,) [should look at scrapping QOF’, to allow more ‘freedom and flexibility’ over how money is spent in general practice.](https://www.pulsetoday.co.uk/news/politics/qof-should-be-scrapped-but-metrics-retained-says-jeremy-hunt/) [The former Prime Minister hopeful](https://www.pulsetoday.co.uk/news/politics/former-health-ministers-all-ruled-out-of-prime-minister-race/) also told April’s Pulse Live conference that [if he were a doctor, he would like to be a GP.](https://www.pulsetoday.co.uk/views/big-interviews/jeremy-hunt-at-pulse-live-if-i-was-a-doctor-id-want-to-be-a-gp/) [admission that he failed with regards to growing the GP workforce](https://www.pulsetoday.co.uk/news/breaking-news/jeremy-hunt-im-completely-responsible-for-failure-to-boost-gp-workforce/) when he served as health secretary from 2012 to 2018.

His appointment is meant to appease MPs already plotting to unseat Prime Minister Liz Truss. Read more at straitstimes.com.

He was elected to Parliament in 2005. They have a son and two daughters. They first met via Hotcourses as she was a Warwick University student recruiter. Mr Hunt had a successful career as an entrepreneur. Selling his stake made him a sterling multi-millionaire. However, he was also criticised for his pandemic planning while health chief.

The ex-health secretary - who backed Rishi Sunak in the leadership race - takes over at a crucial time.

He said at the time that "every member of his family" has had the disease and that he had "a minor one" himself. Earlier in 2012, he faced calls to resign over his role in the BSkyB takeover bid. When the business was sold in 2017, Hunt netted a reported £14m, making him one of the UK's richest politicians. This was after his predecessor Mr Johnson quit over Theresa May's Brexit strategy. In the leadership race this year, he put his weight behind former chancellor Rishi Sunak over Liz Truss. But prior to his career in parliament, Mr Hunt had a career as an English teacher in Japan and as an entrepreneur - co-founding the Hotcourses education publisher.

LONDON (Oct 14): Former foreign minister Jeremy Hunt has been appointed Britain's finance minister, Prime Minister Liz Truss's office said on Friday, ...

[UK’s Truss sacrifices finance minister, scraps tax plan in fight to survive](https://www.theedgemarkets.com/node/640163) [UK finance minister Kwarteng confirms he has been sacked](https://www.theedgemarkets.com/node/640176) [UK corporation tax to rise to 25% on PM Truss's U-turn](https://www.theedgemarkets.com/node/640191) Seen as on the centre-right of the party, Hunt endorsed Truss's leadership rival, former finance minister Rishi Sunak to become prime minister, and is seen by many in the party as a safe pair of hands. LONDON (Oct 14): Former foreign minister Jeremy Hunt has been appointed Britain's finance minister, Prime Minister Liz Truss's office said on Friday, following Kwasi Kwarteng's resignation from the post after less than six weeks in the job.

After being the longest-serving health secretary in British history and stints running the foreign office and culture ministry, Hunt returns from government ...

During a trip to China in July in 2018, he mistakenly described his wife Lucia, who hails from China, as being Japanese. He is best known in Britain, though, for his stint as health minister, a role he held from 2012-2018, longer than any other politician. Ironically, though, while Truss has said she will press ahead with a cut to income tax, Hunt said at the time that could wait. "We need to start up Britain now," he told the Sunday Telegraph when he announced his candidacy. "The appointment of Jeremy Hunt as Chancellor is a wise choice," Conservative lawmaker Bernard Jenkin said on Twitter. Rash talk of ditching the PM, or calls for a general election, will not calm the financial markets."

LONDON, Oct 14 (Reuters) - Jeremy Hunt was named Britain's new finance minister on Friday, the latest senior ministerial role for the self-proclaimed ...

During a trip to China in July in 2018, he mistakenly described his wife Lucia, who hails from China, as being Japanese. Ironically, though, while Truss has said she will press ahead with a cut to income tax, Hunt said at the time that could wait. "We need to start up Britain now," he told the Sunday Telegraph when he announced his candidacy. Rash talk of ditching the PM, or calls for a general election, will not calm the financial markets." "He is trusted and respected across parliament. "It’s become obvious to me you only get one big shot at this, and I had mine in 2019," he said after he was eliminated from the running, appearing to concede that his ambitions to get to the top of politics had been ended.

Experienced cabinet minister not likely to propose more U-turns but Tory MPs divided over whether he will save PM.

Jeremy Hunt has been confirmed as the new chancellor of the exchequer after Kwasi Kwarteng was sacked by the prime minister this morning October 10 after 38 ...

The decision to bring in a new team is an attempt to quell the fissures in financial markets which have pushed up borrowing costs and pushed the value of the pound to its lowest point against the dollar. Hunt has been the MP for South West Surrey since 2005, and has served as secretary of state for foreign and commonwealth affairs, as well as for culture, Olympics, media and sport. The policies triggered a rush for the door for gilt investors, and the pound sunk to its lowest value against the dollar after £43bn of unfunded tax cuts were unveiled.

Prime minister installs moderate Tory figure in attempt to calm financial markets after ousting ex-Chancellor Kwasi Kwarteng - Anadolu Agency.

[Anadolu Agency website contains only a portion of the news stories offered to subscribers in the AA News Broadcasting System (HAS), and in summarized form. In a bid to unleash Britain's potential, Truss had wanted to tear up economic orthodoxy. Hunt, 55, was a businessman before entering parliament.

Kwarteng's replacement is warned of inflation impact, crumbling services and financial 'black hole' that he has two weeks to fill.

However, many economists believe the OBR is unlikely to endorse that view. [NHS](https://www.theguardian.com/society/nhs), schools and all our public services have been slashed to the bone over the last 12 years. Truss has refused to spell out whether benefits will rise in line with inflation next April, as previously promised by Sunak. Details of so-called “supply-side reforms”, expected to include planning changes and deregulation of the childcare sector, are yet to be announced. Truss said: “We will control the size of the state to ensure that taxpayers’ money is always well spent.” “Hospital waiting lists are at record highs, school buildings are crumbling before our eyes and local services are on their knees.”

Liz Truss sacked Kwasi Kwarteng after 38 days in the role as Chancellor.

But asked if he now has a “clean slate” on the mini-budget and if he could change elements of the plan, Mr Hunt said: “Yes. He told Sky News: “We will have some very difficult decisions ahead. Tweeting on Saturday morning, Mr Redwood said: “You cannot tax your way to higher growth. So it’s going to be difficult. But as we take those difficult decisions, my priority, our values as a Government, will be to protect families, businesses, who are going through a very challenging time.” The call was reportedly poorly attended.

Liz Truss's new chancellorJeremy Hunt has warned of “difficult” spending cuts ahead after he admitted that “mistakes” were made in last month's mini-Budget.

But he made clear he was now implementing his economic plans, not that of Mr Kwarteng and Ms Truss, which was due to be outlined on Halloween. And he suggested the planned 1p cut to income tax could be dumped. [Terms of use,](https://www.independent.co.uk/service/user-policies-a6184151.html) [Cookie policy](https://www.independent.co.uk/service/cookie-policy-a6184186.html) and [Privacy notice.](https://www.independent.co.uk/service/privacy-policy-a6184181.html) With his appointment, Mr Hunt become the fourth chancellor in four months. [Privacy policy](https://policies.google.com/privacy?hl=en) and [Terms of service](https://policies.google.com/terms?hl=en) apply. By clicking ‘Register’ you confirm that your data has been entered correctly and you have read and agree to our Registration is a free and easy way to support our truly independent journalism [In a unexpected moment](/tv/news/bbc-jeremy-hunt-miriam-margolyes-b2203359.html), his attempts to set out his economic strategy were momentarily derailed as the actress Miriam Margolyes told the [Today](https://www.independent.co.uk/topic/today) programme that when she saw him enter the studio she told him: “‘You’ve got a hell of a job, best of luck.’ And what I really want to say was, ‘F*** you, bastard.’” He also refused to commit to the prime minister’s pledged 1p cut in income tax and to raise defence spending to 3 per cent as he admitted that “mistakes” were made in last month’s mini-Budget. [chancellor ](/topic/chancellor) [Jeremy Hunt has ](/topic/jeremy-hunt)said taxes will rise and warned of [“difficult”](/news/uk/politics/liz-truss-press-conference-kwarteng-b2202845.html) [spending cuts](/topic/spending-cuts) ahead, in an extraordinary series of interviews just hours after taking up the post.

Mr Hunt told Sky News that Liz Truss "has recognised" the errors in her mini-budget, adding: "That's why I'm here."

And we have to make sure as we take these very difficult decisions, we're honest with people about the situation we face." Asked if this would mean a return to austerity, he replied: "I don't think we're talking about austerity in the way we had it in 2010. Does this mean pushing back the 2023 cut to the basic rate of income tax? "This is a disaster and the only way to deal with a disaster is a general election and to set our country on a certain path for the next five years." "No chancellor can control the markets, but what I can do is show that we can pay for our tax and spending plans and that is going to need some very difficult decisions." [Hunt warns of 'difficult decisions' - follow politics latest](https://news.sky.com/story/politics-latest-new-chancellor-jeremy-hunt-to-appear-on-sky-news-as-tory-mps-turn-on-beleaguered-liz-truss-politics-latest-12593360)

Kwasi Kwarteng was sacked due to the controversial tax cut plans which led to turmoil in financial markets.

And some taxes will not be cut as quickly as people want, and some taxes will go up. “Spending will not rise by as much as people would like to all government departments are going to have to find more efficiencies than they were planning to. Hunt told Sky News on Saturday in his first full day in the job.

The new Chancellor has warned Britain will need both tax rises and wide spending cuts as the Government reforms its economic policy.

The thing I want to be upfront with people is there are going to be no easy choices and lots of the things people are hoping for won't happen." Remember, I ran the biggest-spending department for many years so I know just how difficult it is to find those efficiencies but we’re all going to have to play our part across the board." No one cares about the NHS more than I do but we're also going to have pressure on the tax side." I wish I could give you more details but I will be presenting to Parliament a fortnight on Monday exactly what's going to happen and all of those figures. "You cannot tax your way to higher growth. It is natural then that eyes should be turning to Labour, which is now between 20 and 30 points ahead in the polls. And this is one ." The post, written by Will Tanner, a centre-right think tank director, read: "Yes to economic growth, no to unfunded tax cuts. "We’re going to have to take some very tough decisions on both spending and tax," he told Sky News. What a hoot!" Priti Patel, the former home secretary, added: "A year ago today, Sir David Amess, my dear friend was murdered. Tom Tugendhat, the security minister, tweeted this morning: "My friend, David Amess, was murdered a year ago tomorrow.

Mr Hunt denied that the UK was returning to an austerity era, but he did admit that “difficult” decisions needed to be made on spending.

He told Sky News: “We will have some very difficult decisions ahead. So it’s going to be difficult. But as we take those difficult decisions, my priority, our values as a Government, will be to protect families, businesses, who are going through a very challenging time.” "It was a mistake when we’re going to be asking for difficult decisions across the board on tax and spending to cut the rate of tax paid by the very wealthiest. [Kwasi Kwarteng](https://www.stroudnewsandjournal.co.uk/news/23049048.new-chancellor-uk-kwasi-kwarteng-breaks-silence-sacked-liz-truss/) as Chancellor on Friday by Prime Minister [Liz Truss](https://www.thenorthernecho.co.uk/news/national/uk-today/20903652.liz-truss-named-next-prime-minister-uk-beating-rishi-sunak-replace-boris-johnson/) following weeks of fall-out over the mini-budget. [New Chancellor Jeremy Hunt](https://www.bournemouthecho.co.uk/news/national/uk-today/23049073.jeremy-hunt-replace-kwasi-kwarteng-chancellor-say-reports/), has said that mistakes have been made by the government as he indicates that tax rises are on the way.

Jeremy Hunt has told the BBC that his predecessor Kwasi Kwarteng made two mistakes in the mini-budget.

"[Truss] has been prime minister for less than five weeks. [described sacking Mr Kwarteng and scrapping another key economic policy as "difficult"](https://www.bbc.co.uk/news/uk-politics-63261432) and admitted in a short press conference on Friday that "parts of our mini-budget went further and faster" than the markets were expecting. "And it was wrong to fly blind and to announce those plans without reassuring people with the discipline of the Office for Budget Responsibility (OBR) that we actually can afford to pay for them." Addressing mistakes he said were made by the ex-chancellor, Mr Hunt said: "There were two mistakes - it was wrong to cut the top rate of tax for the very highest earners at a time where we're going to have to be asking for sacrifices from everyone to get through a very difficult period. He told BBC Breakfast he was "not going to make any commitments" and reiterated he was just hours into the job. Mr Hunt said he agreed with the prime minister's goal of "solving the growth paradox", but added: "The way we went about it clearly wasn't right and that's why I'm sitting here now."

Newly appointed UK Chancellor of the Exchequer Jeremy Hunt leaves 10 Downing Street in London, Britain, on Oct. 14, 2022. Jeremy Hunt, former foreign ...

Jeremy Hunt, former foreign secretary of the United Kingdom (UK), has been appointed as chancellor of the exchequer, Downing Street said in a statement on Friday. [Contact Us](http://en.people.cn/102840/8347260.html) [Join Us](http://english.people.com.cn/n3/2020/0326/c90000-9672920.html) "As I have said many times in the past weeks, following the status quo was simply not an option. Newly appointed UK Chancellor of the Exchequer Jeremy Hunt leaves 10 Downing Street in London, Britain, on Oct. dollar while the cost of government borrowing and mortgage rates surge.

UK's new chancellor Jeremy Hunt, who was appointed following Kwasi Kwarteng's dismissal Friday, has told Sky News that there "were mistakes" in Liz Truss ...

Prime Minister Liz Truss at a press conference dismissed calls for her resignation, saying she was "absolutely determined to see through what I have promised". Financial markets witnessed a huge turmoil which experts attribute to the reason cited by Hunt. UK's new chancellor Jeremy Hunt, who was appointed following Kwasi Kwarteng's dismissal Friday, has told Sky News that there "were mistakes" in Liz Truss and Kwarteng's mini-budget.

New chancellor vows to be 'completely honest with country' amid rumours PM has only weeks left in role.

But we are talking about very difficult decisions in budgets where there is already a great deal of pressure.” Hunt, twice a Tory leadership contender and a former foreign secretary, said: “We will have some very difficult decisions ahead. Some taxes will go up … It was a mistake, when we’re going to be asking for difficult decisions across the board on tax and spending, to cut the rate of tax paid by the very wealthiest. “It was a mistake to fly blind and to do these forecasts without giving people the confidence of the Office for [replacing Kwasi Kwarteng](https://www.theguardian.com/politics/2022/oct/14/jeremy-hunt-chancellor-surprising-return) on Friday, the former health secretary signalled he would have a “clean slate” when it came to the budget, and vowed to be “completely honest with the country” amid rumours that Truss has only weeks left as prime minister.

New chancellor says taxes must rise after prime minister Liz Truss failed to reassure markets.

Big, unfunded tax cuts were a central plank of Liz Truss's original plans, but Jeremy Hunt said tax increases were on the cards. IANS Newly appointed UK Chancellor of the Exchequer Jeremy Hunt leaves 10 Downing Street in London, Britain, on Oct ...

On Monday, the British government bond market faces a test when it will function for the first time without the emergency buying support provided by the BoE since Sept. So it's going to be difficult," he said. The Prime Minister has recognised that, that's why I'm here." Hunt is due to announce the government's medium-term budget plans on Oct. In a hurried news conference shortly after dismissing Kwarteng, Truss said the corporation tax rate would increase, abandoning her plan to keep it at current levels, and government spending would rise by less than previously planned. "No chancellor can control the markets.

Actor, 81, told BBC's Today programme she wished him luck in his new job but wanted to say 'Fuck you, bastard'

Webb quickly apologised for the language, adding: “Oh, no, no, no, you mustn’t say that. No, you can’t say that! [added herself](https://www.huffingtonpost.co.uk/entry/victoria-derbyshire-jeremy-hunt-wrong-name_uk_5cfe2cb3e4b02ee34779ee5f) to a long list of presenters who have inadvertently referred to him as “Jeremy Cunt”. [Jeremy Hunt](https://www.theguardian.com/politics/jeremy-hunt) “Fuck you, bastard” after his appearance on BBC Radio 4 just one day after he was [announced as the replacement](https://www.theguardian.com/politics/2022/oct/14/liz-truss-appoints-jeremy-hunt-as-chancellor-after-sacking-kwarteng) for Kwasi Kwarteng. The moment was shared widely on Twitter, including by Dino Sofos, the creator of the BBC’s Brexitcast, who described Margolyes’ comments as “possibly the greatest moment in the Today programme’s history”. [Miriam Margolyes](https://www.theguardian.com/culture/miriam-margolyes) shocked listeners by saying “Fuck you, bastard” about the new chancellor, Jeremy Hunt, live on air on Saturday.

Miriam Margolyes has told how she wanted to swear at new Chancellor Jeremy Hunt when she met him in a BBC radio studio just a day after he took up his ...

No, you can't say that!" What I really wanted to say (was) 'f*** you, you bastard' but you can't say that." Webb quickly apologised for the language, adding: "Oh, no, no, no, you mustn't say that.

The actress told the BBC's Today programme she greeted the new chancellor, but wanted to say something else.

"Oh, no, no, no, you mustn't say that. No, you can't say that!" "Miriam Margolyes" was trending on Twitter after the show, with people sharing clips of the radio interview.

Britain's onetime top diplomat is named new finance minister, the latest senior government role for for a man regarded by many in his Conservative Party as ...

If this does not resolve the issue or you are unable to add the domains to your allowlist, please see Please add japantimes.co.jp and piano.io to your list of allowed sites. This could be due to a conflict with your ad-blocking or security software.

In his interview with Political Editor Robert Peston, Jeremy Hunt addresses taxes, spending, universal credit and the mini-budget ...

The promise of a new direction, yet again, for the Conservative government also appeared to cause unrest among the party’s free marketeers. To many observers, it appeared that the end could be nigh for the prime minister after only a few weeks in the job. Welsh secretary Sir Robert Buckland, appearing on BBC Radio 4’s Any Questions programme, warned: “I think if we start with gay abandon, throwing another prime minister to the wolves, we’re going to be faced with more delay, more debate, more instability.” But even the staunchly loyal MP Sir Christopher Chope had some harsh words for his party leader, after defending her on Thursday and ruling out any reversal. We’re going to be talking about spending, we’re going to be talking about medium and long-term plans.” And I expressed disbelief at what I heard today because it’s totally inconsistent with everything that the prime minister stood for when she was elected,” he told BBC Newsnight. The deduction had been a central plank of her leadership campaign.

The new chancellor has junked the prime minister's economic strategy in 24 hours, writes Laura Kuenssberg.

One former minister said there had been a "total seepage of power and authority" and she is on her way out in either weeks or months. Believe the polls and Ms Truss' start in office has been an epic disaster from which it is hard to see a return. Boris Johnson and Theresa May survived far, far longer than many of their colleagues had hoped. But that arithmetic won't be pretty - public spending cuts are on the way and taxes could rise too. And yet, very often, it does. But has she killed off what political authority she had left and handed it to someone else?

Tax-cut U-turns won't be enough to balance the books, so the new chancellor will look at cutting public service budgets. But there is an alternative.

There is a way out for Hunt, at least in the short term. The health service, social care, the defence budget and education were going to be protected under Sunak’s tax raising plans. This would protect disabled people and others who might lose out under such a scheme. Jeremy Hunt is unlikely to give his name to a new economic model or ground-breaking method of boosting growth. [Kwasi Kwarteng](https://www.theguardian.com/politics/kwasi-kwarteng) in his mini-budget, will go ahead as the first of many policy U-turns to be announced in a full-scale budget a fortnight tomorrow. [Office for Budget Responsibility](https://www.theguardian.com/business/office-for-budget-responsibility), the Treasury’s independent forecaster, will want to see a much larger shift in policy to close a £60bn gap in public spending that has opened up since it last judged the government’s finances back in March.