As Jeremy Hunt prepares his autumn budget, are his own finances what they should be?
Jeremy Hunt: he seems to be looking after himself very well. What about the rest of us?
Jeremy Hunt, the Chancellor of the Exchequer, is preparing to announce his autumn budget for we mere mortals on Wednesday, curious information is emerging about his own financial affairs.
Treat this with caution as even the author says Hunt could provide information that invalidates it… but take a look at this:
Our chancellor, Jeremy Hunt, turns out to be one of the richest Ministers of State, having sold his company in 2017. In 2018 he and his wife purchased 7 flats in Ocean Village in Southampton which they rent out. At a time when he was refusing to make inflationary increases to…
— Jonathan Tod (@JonathanTod_me) November 19, 2023
They are heavily leveraged investments and SPVs. Should they go well, they will be even richer. Should they go badly the bank/mortgage provider (ie all of us) will pick up the tab. Nice people eh!
Significantly less net income out of the company. Hunt says this money has…
— Jonathan Tod (@JonathanTod_me) November 20, 2023
The part about the inflationary increases on his flats certainly suggests foul play by the Chancellor.
And we’ll await with baited breath his information on charity donations.
Something to bear in mind while listening to him tell us how the government is going to affect our own savings and spending?
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Hunt is not the only fascist tory who owns properties and rents them out. But then being a fascist tory MP is merely a part time job because their primary focus is on increasing their bloated wealth at our expense!