Sunak confirms Hunt will still be chancellor at next election despite criticism ahead of spring budget
Rishi Sunak has said Jeremy Hunt will still be chancellor at the next election after criticism his number two did not have enough economic vision.
The prime minister, for the first time, confirmed to Sky News that Mr Hunt will remain chancellor when the next general election comes around in January 2025.
“Of course,” Mr Sunak said when asked by Sky News’ deputy political editor Sam Coates.
Mr Hunt was criticised by businesses following a keynote speech in January about the government’s plan to boost economic growth as they complained it offered no new policies.
The chancellor also signalled the upcoming spring budget, to be announced by him on Wednesday, will not contain big tax cuts – despite calls from some Tory MPs – because of the need to focus on curbing high inflation.
But Mr Sunak insisted the budget will deliver on the three economic pledges he set out when he became prime minister: to halve inflation, grow the economy and reduce debt.
“It’s important to get public sector pay settlements right, important to reduce debt to make sure we’re not passing on burdens for the next generation,” he said.
“It also ensures we’re reducing inflation and keeping interest rates low.”
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Mr Sunak on the deck of the decommissioned and now museum, USS Midway Aircraft Carrier in San Diego
Mr Sunak acknowledged that recent high interest rates have caused “damage” for banks, in reference to the UK arm of Silicon Valley Bank having to be rescued on Monday after its parent company in the US, SVB America, collapsed.
The PM said the government – and Mr Hunt – are focused on growing the economy in “the best way to provide jobs for people around the country”.
“That’s what the chancellor is going to deliver on Wednesday, what the government will deliver,” he added.
“People should be confident we’ve already delivered, we’ve brought about enormous improvement since I took over as prime minister last year and we’ll continue to deliver.”
Mr Sunak was speaking in San Diego where he is meeting US President Joe Biden and Australian PM Anthony Albanese as part of the AUKUS project to develop nuclear-powered submarines for the Australian navy.
He said the programme was not purely in reaction to the rising “systemic challenge” from China.
The PM told Sky News: “This partnership represents something much bigger.
“We’re building the next generation of attack submarines with world-beating technology that we will be able to share with each other.
“Not just in the Pacific, but the Atlantic and around the world, it’ll improve security around the world and provide jobs.”
“Super high-IQ revolutionaries” who are willing to work 80+ hours a week are being urged to join Elon Musk’s new cost-cutting department in Donald Trump’s incoming US government.
The X and Tesla owner will co-lead the Department Of Government Efficiency (DOGE) with former Republican presidential candidate Vivek Ramaswamy.
And in a post on X, the official DOGE account put out a call to arms for people to sign up and help “dismantle government bureaucracy”.
The post said: “We are very grateful to the thousands of Americans who have expressed interest in helping us at DOGE.
“We don’t need more part-time idea generators.
“We need super high-IQ small-government revolutionaries willing to work 80+ hours per week on unglamorous cost-cutting.
“If that’s you, DM this account with your CV. Elon & Vivek will review the top 1% of applicants.”
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Elon Musk speaking at an event held at Donald Trump’s Mar-a-Lago estate. Pic: AP Photo/Alex Brandon
In a reply to an interested party, Mr Musk suggested the lucky applicants would be working for free.
“Indeed, this will be tedious work, make lost of enemies & compensation is zero,” the world’s richest man wrote.
“What a great deal!”
When announcing the new department, President-elect Donald Trump said Mr Musk and Mr Ramaswamy “will pave the way for my administration to dismantle government bureaucracy, slash excess regulations, cut wasteful expenditures, and restructure federal agencies”.
Mr Musk has previously made clear his desire to see cuts to “government waste” and in a post on his X platform suggested he could axe as many as three-quarters of the more than 400 federal departments in the US, writing: “99 is enough.”
At least 10 people have been killed after a fire broke out at a retirement home in northern Spain in the early hours of this morning, officials have said.
A further two people were seriously injured in the blaze at the residence in the town of Villafranca de Ebro in Zaragoza, according to the Spanish news website Diario Sur.
Two people remain in a critical condition following the blaze. Pic: AP
They remain in a critical condition, while several others received treatment for smoke inhalation.
Firefighters were alerted to the blaze at the residence – the Jardines de Villafranca – at 5am (4am UK time) on Friday.
Several residents were treated for smoke inhalation. Pic: AP
Those who were killed in the fire died from smoke inhalation, Spanish newspaper Heraldo reported.
The residence is home to 82 elderly residents.
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The blaze started in one of the rooms, Fernando Beltran, the national government’s top official in the region, told reporters.
All of the victims were elderly residents, he added.
Relatives wait for news outside the care home. Pic: AP
Fire crews, paramedics and police officers remain on site, said a spokesperson for the regional government of Aragon who confirmed the fatalities.
It took firefighters several hours to extinguish the blaze, they said.
The cause of the fire is unknown and is being investigated.
At least 10 people have been killed after a fire broke out at a retirement home in northern Spain in the early hours of this morning, officials have said.
A further two people were seriously injured in the blaze at the residence in the town of Villafranca de Ebro in Zaragoza, according to the Spanish news website Diario Sur.
Two people remain in a critical condition following the blaze. Pic: AP
They remain in a critical condition, while several others received treatment for smoke inhalation.
Firefighters were alerted to the blaze at the residence – the Jardines de Villafranca – at 5am (4am UK time) on Friday.
Several residents were treated for smoke inhalation. Pic: AP
Those who were killed in the fire died from smoke inhalation, Spanish newspaper Heraldo reported.
The residence is home to 82 elderly residents.
Read more from Sky News:
Mass displacement in Gaza – people unsure where to go
Donald Trump picks vaccine sceptic as health secretary
Keep up with all the latest news from the UK and around the world by following Sky News
The blaze started in one of the rooms, Fernando Beltran, the national government’s top official in the region, told reporters.
All of the victims were elderly residents, he added.
Relatives wait for news outside the care home. Pic: AP
Fire crews, paramedics and police officers remain on site, said a spokesperson for the regional government of Aragon who confirmed the fatalities.
It took firefighters several hours to extinguish the blaze, they said.
The cause of the fire is unknown and is being investigated.
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