Hunt's Autumn Statement will attempt to repair the damage done by the Truss administration and its disastrous mini-Budget, which hit Britain's already weak economy by sinking the pound and hurt public finances by raising its borrowing costs.
At the same time, he will unveil his medium term fiscal outlook. To plug the UK's fiscal hole, Hunt is expected to either announce new tax raids on energy companies and banks or extend existing ones.
This story is from the November 13, 2022 edition of Sunday Express.
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This story is from the November 13, 2022 edition of Sunday Express.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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