Five things to look out for in Jeremy Hunt’s Autumn Statement

Chancellor Jeremy Hunt’s Autumn Statement will define his time in Number 11 Downing Street and demonstrate a return to orthodox economics following Liz Truss’s ill-fated premiership. 

With the backing of prime minister Rishi Sunak, Hunt is expected to raise taxes and squeeze public spending, in decisions the chancellor has described as “eye-wateringly difficult”. 

Hunt appears determined to fill a gaping hole in the public finances, and below are five things to watch out for in the Autumn Statement. 

Hunt plans post-election squeeze on spending with ‘Austerity 2.0’

Day-to-day spending on public services to be frozen in real terms for three years from 2025

Jeremy Hunt given warning of £70bn rise in UK government borrowing 

Chancellor plans tax increases and spending cuts after fiscal watchdog downgrades outlook for public finances

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