Growing speculation
Rishi Sunak has confirmed to Jeremy Hunt that he will remain in his position until at least spring next year, according to sources. This comes in response to mounting speculation among Conservative MPs that the Chancellor was at risk of being reshuffled.
Key ally's assurance
Despite the rumors, a key ally of the Prime Minister has made it clear that Mr. Hunt will not be affected by any reshuffle leading up to the next Budget, expected in mid-March.
Inflation concerns
Jeremy Hunt is scheduled to deliver the Autumn Statement on November 22. Despite a decrease in inflation, he is anticipated to disappoint colleagues by ruling out tax cuts until next year.
Changing tone
On Thursday, the Prime Minister shifted his stance on reducing the burden on workers, expressing confidence that some relief would be implemented before next year's election.
Questions over Hunt's future
There have been ongoing concerns about Jeremy Hunt's future in his role as some Conservative MPs have labeled him as Eeyore, Winnie the Pooh's pessimistic and downcast donkey companion, due to his gloomy approach to public finances.
Government response
A No10 source stated that the Chancellor and the Prime Minister are collaborating closely to tackle inflation and build a strong economy for the future. The source also confirmed that Mr. Hunt will deliver the Autumn Statement in a few weeks' time and the Budget next spring.
A friend of Jeremy Hunt mentioned that he remains focused on addressing the people's priorities, such as falling inflation, rising wages, and a growing economy.
Timing of potential reshuffle
Rishi Sunak recently hinted that the General Election is unlikely to take place until next October. This has led to speculation that Mr. Hunt could be moved before the election, potentially next summer.
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