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    Austerity fears ‘unfounded’ after tax-cutting autumn statement, says Sunak

    by Dominic McGrath Nov 27, 2023 3 minutes
    Source: PA Wire

    Prime Minister Rishi Sunak described as “simply unfounded” warnings that the Chancellor’s autumn statement will likely usher in a period of austerity for public services.

    It comes as he prepares to welcome hundreds of business figures to a major investment summit at Hampton Court Palace.

    It is taking place days after Chancellor Jeremy Hunt announced a national insurance cut worth £10 billion as well as savings for businesses.

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