Rishi Sunak has informed Jeremy Hunt that he will remain in his position until at least spring next year, according to sources. Speculation had been growing among Conservative MPs that the Chancellor was at risk of being reshuffled.

Key ally of Prime Minister quashes reshuffle rumors

A key ally of the Prime Minister has made it clear that Jeremy Hunt will survive any potential reshuffle ahead of the next Budget, which is expected in mid-March. This assurance comes as a relief to Hunt and his supporters.

Hunt to deliver Autumn Statement but unlikely to announce tax cuts

Jeremy Hunt is scheduled to deliver the Autumn Statement on November 22. Despite the recent dip in inflation, he is expected to disappoint colleagues by ruling out tax cuts until next year. This decision may not sit well with some members of the Conservative Party.

Questions raised about Mr. Hunt's future

There have been ongoing concerns about Jeremy Hunt's future in the government. Some Tories have even nicknamed him "Eeyore" due to his pessimistic approach to public finances. However, a No10 source has emphasized the strong working relationship between the Chancellor and the Prime Minister.

General Election likely to be postponed until October 2024

Rishi Sunak recently hinted that the General Election would not take place until October next year. This has led to speculation that Jeremy Hunt may be moved from his position before the vote next summer. The situation remains uncertain.