Autumn Statement
November 23, 2023
UK Chancellor Jeremy Hunt delivered the Autumn Statement 2023 on Wednesday in the House of Commons, which I believe is lukewarm and insufficient to shift the Conservatives’ political narrative.
This was Hunt’s key opportunity outside of the Budget to unveil tax and spending announcements, and considering Labour are 20 points in front in the polls, it was one of the last chances for the government to change the narrative for the Tories before the general
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November 18, 2022
UK Chancellor Jeremy Hunt has brought back a degree of market credibility with his Autumn Statement, but the signalled support for rate hikes implies more pain for people in Britain.
Hunt announced a series of stealth tax hikes and spending cuts within Thursday’s budget. Some of the measures include:
· 45% additional rate tax threshold is reduced from £150,000 to £125,140
· Personal allowance, 40% higher rate
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