Chancellorship Of Jeremy Hunt
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Chancellorship Of Jeremy Hunt
Jeremy Hunt served as Chancellor of the Exchequer of the United Kingdom from his appointment on 14 October 2022 to his resignation on 5 July 2024, during the premierships of Liz Truss and Rishi Sunak. Hunt was appointed Chancellor of the Exchequer by Truss on 14 October 2022, following the dismissal of Kwasi Kwarteng, and retained the post in Rishi Sunak's ministry following Truss's resignation. During his time in the position, Hunt presented two budgets in 2023 and 2024 and two autumn statements in 2022 and 2023. During his chancellorship, the left-wing ''New Statesman'' magazine named Hunt as the third most powerful right-wing figure of 2023, behind only Nigel Farage and Rishi Sunak. After the Conservatives lost the election in a landslide to the opposition Labour Party led by Keir Starmer, Hunt was succeeded as chancellor by Rachel Reeves. Appointment Following the dismissal of Kwasi Kwarteng on 14 October 2022 due to the September 2022 mini-budget, Jeremy Hunt was ap ...
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Jeremy Hunt
Sir Jeremy Richard Streynsham Hunt (born 1 November 1966) is a British politician who served as Chancellor of the Exchequer from 2022 to 2024 and Foreign Secretary from 2018 to 2019, having previously served as Secretary of State for Health and Social Care from 2012 to 2018 and as Secretary of State for Culture, Olympics, Media and Sport from 2010 to 2012. A member of the Conservative Party, he has been the Member of Parliament for Godalming and Ash, formerly South West Surrey, since 2005. Hunt also served as Shadow Chancellor of the Exchequer in the Shadow Cabinet of Rishi Sunak from July to November 2024. The son of an Admiral of the Royal Navy, Hunt was born in Kennington and studied philosophy, politics and economics at Magdalen College, Oxford, where he was President of the Oxford University Conservative Association. He was first elected to the House of Commons in 2005 and was promoted to the Shadow Cabinet as Shadow Minister for Disabled People and later as Sh ...
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September 2022 Mini-budget
September is the ninth month of the year in the Julian and Gregorian calendars. Its length is 30 days. September in the Northern Hemisphere and March in the Southern Hemisphere are seasonally equivalent. In the Northern hemisphere, the beginning of the meteorological autumn is on 1 September. In the Southern hemisphere, the beginning of the meteorological spring is on 1 September. September marks the beginning of the ecclesiastical year in the Eastern Orthodox Church. It is the start of the academic year in many countries of the northern hemisphere, in which children go back to school after the summer break, sometimes on the first day of the month. Some Libras and Virgos are born in September, with Virgos being born on September 1st through September 22nd and Libras September 23rd through September 30. September (from Latin ''septem'', "seven") was originally the seventh month in the oldest known Roman calendar, the calendar of Romulus , with March being (Latin '' Ma ...
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2023 United Kingdom Budget
The 2023 United Kingdom budget was delivered to the House of Commons on 15 March 2023 by Chancellor of the Exchequer Jeremy Hunt. It was the first of two full budget statements presented during the Sunak ministry. It was also the first full budget statement to be presented by Hunt since his appointment as chancellor, and the first since the October 2021 United Kingdom budget presented by then-Chancellor Rishi Sunak. The date of the budget was confirmed by Hunt on 19 December 2022. At the same time he confirmed the budget would be accompanied by a full budget report from the Office for Budget Responsibility. The statement was presented as a budget for growth, with the objective of bringing about the conditions for long-term sustainable economic growth within the UK. The UK had narrowly avoided going into recession at the end of 2022, and although there were some signs of recovery during the weeks preceding the budget, inflation remained high and the country continued to be impact ...
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November 2022 United Kingdom Autumn Statement
The November 2022 United Kingdom autumn statement was delivered to the House of Commons on 17 November 2022 by Chancellor of the Exchequer Jeremy Hunt, after being delayed by three weeks from its original scheduled date of 31 October. The budget addressed the ongoing cost of living crisis, and saw the announcement of a five-year package of tax increases and spending cuts designed to steer the UK through recession. An economic forecast published on the same day by the Office for Budget Responsibility (OBR) stated the UK had entered a recession after experiencing two quarters of a shrinking economy, and predicted the UK's economy would shrink during 2023. A reduction in households' disposable income was also forecast. In his statement, Hunt committed to maintaining scheduled public spending plans until 2025, but said that spending would slow after then. He also lowered the threshold at which earners become eligible to pay the top rate of income tax, and announced an increase in the ...
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Prime Minister Rishi Sunak Meets Chancellor Jeremy Hunt (52453451021)
A prime number (or a prime) is a natural number greater than 1 that is not a product of two smaller natural numbers. A natural number greater than 1 that is not prime is called a composite number. For example, 5 is prime because the only ways of writing it as a product, or , involve 5 itself. However, 4 is composite because it is a product (2 Ã— 2) in which both numbers are smaller than 4. Primes are central in number theory because of the fundamental theorem of arithmetic: every natural number greater than 1 is either a prime itself or can be factorized as a product of primes that is unique up to their order. The property of being prime is called primality. A simple but slow method of checking the primality of a given number , called trial division, tests whether is a multiple of any integer between 2 and . Faster algorithms include the Miller–Rabin primality test, which is fast but has a small chance of error, and the AKS primality test, which always produces ...
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