The Independent

Autumn Statement: What time is it and what will Jeremy Hunt unveil?

Source: Copyright 2023 The Associated Press. All rights reserved

Chancellor Jeremy Hunt faces a troubling economic backdrop when he delivers his Autumn Statement to the country on Wednesday.

Economic forecasts show that growth is stagnant and Britain is teetering on the edge of a recession - while high prices and the cost of living crisis continues to impact millions of hard-pressed families.

However, last week Mr Hunt had a sliver of good news as inflation has halved over the past year, leading him to say the economy had “turned a corner” and fuelling expectations he will unveil tax cuts on Wednesday.

You’re reading a preview, subscribe to read more.

More from The Independent

The Independent3 min read
Everything Nicola Coughlan And Luke Newton Have Said About Their Friendship
As they’ve filmed three seasons of Bridgerton, stars Nicola Coughlan and Luke Newton have become steadfast friends. The pair have weathered intense online speculation as the popular Netflix show skyrocketed them into stratospheric fame, with an onsl
The Independent5 min readCrime & Violence
Mexico's Cartel Violence Haunts Civilians In The Lead-up To June Elections
Tailed by trucks of heavily armed soldiers, four caskets floated on a sea of hundreds of mourners. Neighbors peered nervously from their homes as the crowd pushed past shuttered businesses, empty streets and political campaign posters plastering the
The Independent3 min readDiscrimination & Race Relations
Shrewsbury Town Football Club Under Fire Over Diversity Handbook Containing Racist Slurs
A League One football club has come under fire after its charitable body published a diversity handbook for staff containing multiple racist slurs, The Independent can reveal. Shrewsbury Town FC Foundation circulated the document geared towards enha

Related Books & Audiobooks