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Raising bills to pay for Thames Water failures 'utterly outrageous', says Hunt

Jeremy Hunt has said that it would be “utterly outrageous” for Ofwat to grant Thames Water’s demands for higher household bills as it faces potential insolvency. ....

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Hunt must break free of this tax trap

With his Budget just five weeks away, the Chancellor is being assailed with advice about what he can or should do by outside bodies. The International Monetary Fund (IMF) has told Jeremy Hunt he should not cut taxes, arguing that the country needs to curb public borrowing. Any spare cash should be spent on health, education and tackling climate change, it asserts. Pierre-Olivier Gourinchas, IMF chief economist, said the UK’s focus should be on “the path towards a fiscal consolidation”. ....

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