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Mar 15 • 28 tweets • 17 min read
It’s #BudgetDay2023

🧵 Here’s everything you need to know
🔴 @ChaplainChloe looks at what is expected to be announced – and where are the political sticking points for Jeremy Hunt?

inews.co.uk/news/politics/…
What could #BudgetDay2023 mean for pensions?

⬇️ @theipaper's deputy money editor @gracegausden93 explains inews.co.uk/inews-lifestyl…
❓ When will Budget policies come into effect?

@eleanormia explains

#BudgetDay2023 #Budget2023

inews.co.uk/news/budget-ef…
@eleanormia 📸 Jeremy Hunt has posed with the traditional Red ministerial box as he leaves 11 Downing Street for the House of Commons to deliver the Budget

#Budget2023 Jeremy Hunt holding his traditional Red ministerial box wave
@eleanormia Jeremy Hunt is poised to extend the Energy Price Guarantee scheme to limit bills when he sets out his economic plan for the country in his Budget announcement

❓ @kt_grant looks at how it affects your bills

#BudgetDay2023

inews.co.uk/news/energy-su…
Jeremy Hunt is preparing to introduce a £4bn cash injection for the childcare system

🔎 The UK is one of the worst countries in the world for childcare costs - @mollyblackall explains

#Budget2023 inews.co.uk/news/childcare…
🎥 You can watch #PMQs and #BudgetDay2023 live via our YouTube channel youtube.com/live/qFEdDKib6…
Hunt faces the wrath of Tory MPs over an expected rise in corporation tax

#BudgetDay2023

inews.co.uk/news/politics/…
Jeremy Hunt is expected to announce an expansion of free childcare in the Budget

⬇️ Here's a look at how much UK parents currently spend on childcare compared to other countries

#Budget2023
Jeremy Hunt says his statement will be 'a Budget for growth' ⬇️

#Budget2023

After @deankirby_'s investigation Jeremy Hunt announces that pre-payment meter customers will have their bills aligned with standard energy customers ⬇️

So far here's what Jeremy Hunt has frozen:

🔴 Energy price guarantee at £2,500

🔴 Fuel duty has been frozen for a further 12 months

🔴 The Draught Relief has also been frozen - making beer in pubs 11p per pint cheaper than in supermarkets

inews.co.uk/news/budget-20…
'Since coming to power, Jeremy Hunt has made it a priority to bring the public finances under control – but despite his Austerity 2.0 approach, he is barely on track to do so'

🔎 #Budget2023 analysis from @HugoGye

inews.co.uk/news/budget-20…
At the start of his speech, Jeremy Hunt said the UK won’t enter a recession and that inflation will fall to 2.9 per cent this year ⬇️

🔎 #Budget2023 analysis from @singharj ⬇️

Jeremy Hunt announces that people on prepayment meters will no longer be charged more than those paying for their energy via direct debit ⬇️

🍺 A 'Brexit pubs guarantee' will see the duty on draught products in pubs up to 11p lower than the duty in supermarkets from August

#Budget2023

inews.co.uk/news/alcohol-d…
The price of a pack of cigarettes will increase after the Chancellor announced that he would raise tobacco duty for the first time since October 2021

@connie_dimsdale and @gracegausden93 report:

inews.co.uk/news/cigarette…
@connie_dimsdale @gracegausden93 Jeremy Hunt unveils free childcare for all parents... but not until 2025 ⬇️

'The lettuces may be out but the turnips are in' 🥬🥗

Impact on Scotland outlined here by @ChrisGreenNews ⬇️

#Budget2023

🔎 Here are some of the key #BudgetDay2023 announcements - at a glance

Follow the latest: inews.co.uk/news/budget-20…
💬 Jeremy Hunt is the pickpocket Chancellor stealing his critics best – and worst – ideas

@paulwaugh's take on #BudgetDay2023 via @ipaperviews inews.co.uk/opinion/jeremy…
🔎 What Jeremy Hunt's Budget means for you and your money

#Budget2023 inews.co.uk/news/budget-wh…
The Budget did nothing for young people without children or a whopping pension

🖊️ @jessiehewitson inews.co.uk/inews-lifestyl…
Jeremy Hunt’s Budget pledge to cut duty on draught beer in pubs is nothing more than an attempt to secure positive headlines and will do little to help struggling pubs, a Stockport landlord tells @theipaper

🍺 @kt_grant reports

#BudgetDay2023 inews.co.uk/news/budget-20…
➡️ For explainers, analysis and opinion on #BudgetDay2023, visit: inews.co.uk/topic/spring-b…

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More from @theipaper

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Mar 16
Credit Suisse is one of the biggest beasts in the global financial jungle and was once a name synonymous with Swiss quality

🧵 So what went wrong and even more importantly, will it affect you?

inews.co.uk/inews-lifestyl…
What is Credit Suisse? ⬇️

167-year-old Swiss bank is a huge entity in the interconnected spider’s web of the global banking system

It’s a G-Sib (global systematically important bank) in the jargon – so it matters
What happened today ⬇️

Credit Suisse has announced it will borrow up to £44.5bn from Switzerland’s central bank to settle the markets after its share price plummeted

inews.co.uk/news/credit-su…
Read 5 tweets
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Mar 16
“It seems frankly irrational to single out this one app, based not on its technical capabilities but on global geopolitics”

📱 Security experts tell @stokel that TikTok is a drop in the ocean compared to the data collection of big tech in general inews.co.uk/news/tiktok-ba…
@stokel It comes after Cabinet Office minister Oliver Dowden announced a ban on using the shortform video app on official government devices in the House of Commons

📱 Dowden said the UK ban was “a proportionate move based on a specific risk with government devices”
@stokel Similar bans on staff devices have also been announced by

🇪🇺 European Commission
🇨🇦 Canada
🇺🇸 United States

📱🚫 Dozens of US states have also banned employees from using TikTok on any devices issued to them for work
Read 4 tweets
i newspaper Profile picture
Mar 15
Jeremy Hunt's Budget - and what it means for you

The Chancellor announced a raft of policies today, from scrapping the lifetime pension allowance to an expansion of free childcare

⬇️ Here we explain what it all means for you and your money

#BudgetDay2023
Pensions⬇️

The biggest surprise of the day was the scrapping of the lifetime pension allowance

It was thought the £1.07million limit would be hiked to £1.8million but Hunt had wrongfooted all of us and instead, decided to axe it completely

inews.co.uk/news/lifetime-…
Energy⬇️

After listening to a host of charities and experts including @MartinSLewis, the chancellor announced the Energy Price Guarantee would remain at £2,500 for next three months – an announcement that had already been anticipated

inews.co.uk/news/energy-su…
Read 8 tweets
i newspaper Profile picture
Mar 14
A law that forces water companies to hand over data to campaigners could be scrapped under Government plans for a bonfire of European regulations

🔎 Campaigners say without it, the public would be left in “complete ignorance” of sewage pollution inews.co.uk/news/brexit-bo…
🧵 The Environmental Information Regulations 2004 (EIR) allows the public to request information and data on environmental issues

The law is more broad than the Freedom of Information Act and, crucially, a 2015 court ruling expanded its reach to cover private water companies
The EIR is currently being reviewed by the Government, alongside nearly 2000 other pieces of European legislation

🚨 Under the upcoming Retained EU Law Bill, any European law not explicitly marked for retention will be abolished by default at the end of this year
Read 4 tweets
i newspaper Profile picture
Nov 20, 2022
Ukraine is seeking to reinforce its defences against Iranian-made flying bombs launched by Russian forces

🔴Exclusive from @cahalmilmo
The Kremlin has been using Shahed-136 drones to destroy civilian infrastructure in Ukraine for two months.

Now Kyiv is is in advanced discussions to buy state-of-the-art interceptor drones capable of destroying the munitions before they can reach their target.
MORE on Iranian ‘suicide’ drones here⬇️

As @cahalmilmo and @deankirby_ revealed they are ‘manufactured with British and US components’
inews.co.uk/news/iranian-d…
Read 4 tweets
i newspaper Profile picture
Nov 20, 2022
"It’s not a vanity project"🛰️

The UK is the second largest producer of satellites after the US but it never had the capability to launch them from home turf until now...

inews.co.uk/news/uk-space-…
Spaceport Cornwall was given the UK’s first space launch licence this week 🚀

By the end of 2023, two more UK spaceports will be capable of launching satellites into space including:

📍SaxaVord in the Shetland Islands

📍Space Hub Sutherland on the north Scotland coast
Spaceport Cornwall’s first mission ✨Start Me Up✨ will involve Sir Richard Branson’s Virgin Orbit in the coming weeks.

📷: Melissa Thorpe, head of Spaceport Cornwall, with the modified Virgin Atlantic Boeing 747 that will carry a rocket to orbit
Read 4 tweets

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