The truth about Hunt’s ‘tax cutting’ Autumn Statement

Nov 22, 2023, 05:30 PM

The Chancellor today delivered his fiscal update, branding it as an ‘Autumn Statement for Growth’. In it, he announced a series of tax cuts for both businesses and workers including the decision to make 'full expensing' permanent and a surprise announcement on National Insurance, which has been cut by two percentage points for workers and simplified for the self-employed. Fraser Nelson, Kate Andrews and Katy Balls unpack the details of Jeremy Hunt's Autumn Statement.