This is Jeremy Hunt’s second Autumn Statement. His 2022 statement came shortly after he replaced Kwasi Kwarteng as Chancellor of the Exchequer, following his predecessor’s controversial so-called ‘mini-budget’.
With his party far behind in the polls, and a general election on the horizon next year, the chancellor will hope that the economic measures announced today will prove popular enough to start closing the gap with Labour.
In response Hunt’s Labour counterpart, Shadow Chancellor Rachel Reeves, accused the government of 13 years of economic failure. Report by Gracex. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
