Chancellor Jeremy Hunt will deliver his highly-anticipated autumn budget in the House of Commons on Thursday, where he is expected to announce a range of tax rises and spending cuts as the Government seeks to restore the UK’s economic credibility in the wake of Liz Truss’s short-lived administration.
The autumn statement will mark an abrupt about-turn on Kwasi Kwarteng’s disastrous mini-budget, which plunged the country into financial turmoil, as Rishi Sunak hopes to reassure the markets and steady the country’s finances.
