Britain has postponed the announcement of a plan to repair the country's public finances to 17 November for it to reflect the "most accurate possible economic forecasts," the UK's Chancellor Jeremy Hunt has said.

 

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Ryanair boss Michael O'Leary has described the economic situation in Britain as a "car crash" caused by the country's vote to leave the European Union in 2016.

 

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British Chancellor Jeremy Hunt will set out billions of pounds of savings to stabilise the public finances in an emergency statement today.

 

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New British finance minister Jeremy Hunt has today reversed nearly all of Prime Minister Liz Truss's mini-budget that had sparked market turmoil, and reined in a vast energy subsidy plan,

 

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UK's new Chancellor of the Exchequer Jeremy Hunt said today that the Liz Truss administration had made "mistakes" as he promised "difficult decisions ahead".

 

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