⚠️ Hunt is facing backlash from Tory MPs for failing to cut the tax burden, as it emerged a Treasury stealth raid would raise £120 billion over five years
💷 A cap on lifetime pension savings is to be abolished in a surprise tax shake-up, alongside a raft of measures to bolster the number of people in work.
🔴 One of Europe’s biggest banks sparked global market turmoil on Wednesday amid fears it is on the brink of financial disaster.
Follow our coverage as Credit Suisse seeks a £45bn lifeline ⤵️
⚠️ The chief executive of the world’s biggest money manager has warned that more banks could collapse, as Swiss regulators were last night forced to reassure investors that Credit Suisse was not at risk.
Read more ⤵️ telegraph.co.uk/business/2023/…
🔴 Crisis sends shockwaves across the City as speculation of a Swiss bailout swirls.
Read more ⤵️ telegraph.co.uk/business/2023/…
🔴 Jeremy Hunt will today unveil his "Budget for growth" as he vows to "break down the barriers" that are preventing people from working.
For the latest news ⤵️
🔴 Jeremy Hunt will use Wednesday's Budget to announce an expansion of free childcare to cover one and two-year-olds in England.
Read more ⤵️ telegraph.co.uk/politics/2023/…
🔴 The Chancellor’s Budget increase to pension savings limits will net retirees an extra £3,600 a month, calculations show.
Read more ⤵️ telegraph.co.uk/pensions-retir…
🔴 A Russian Su-27 jet fighter collided with an American MQ-9 Reaper drone over the Black Sea on Tuesday.
The US immediately condemned the incident as "reckless".
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🔴 In a statement US Air Force General James Hecker, who overseas the US Air Force in the region, said: "Our MQ-9 aircraft was conducting routine operations in international airspace when it was intercepted and hit by a Russian aircraft"
Before the collision, the Su-27s "dumped fuel and flew in front of the MQ-9 in a reckless, environmentally unsound and unprofessional manner," Mr Heckler added.
🔴 The BBC has apologised over the impartiality row with Gary Lineker and acknowledged its guidelines were at fault.
Read more here ⬇️
🔴 In a statement, Director-General of the BBC, Tim Davie, said that it had been a "difficult period" caused by "grey areas" in the corporation's social media guidance
🗣 He added: “Impartiality is important to the BBC. It is also important to the public. The BBC has a commitment to impartiality in its Charter and a commitment to freedom of expression.
🎬Offbeat adventure film Everything Everywhere All at Once swept the Oscars, winning Best Picture and six other awards, including three of the four acting gongs
Here's all the key moments from last night's awards ⤵️