Jeremy Hunt Autumn Statement LIVE — Brits to get tax cuts and benefit rises as Chancellor looks to ‘turbo-charge growth’
JEREMY Hunt will today announce a boost to bars, pubs and Brits as he reveals duty freezes, tax cuts and benefit rises.
In today’s Autumn Statement, the Chancellor is expected to use the country’s improved borrowing numbers to announce a “personal tax cut” for working Brits, as well as a boost to the minimum wage to £11.44.
This comes as the Treasury vowed to “turbo-charge economic growth in the UK, while cutting taxes and continuing to bring down inflation.”
Meanwhile, Brits on benefits who can work but refuse to look for employment will be told they could face losing freebies dispute the government’s triple lock remaining in place.
Mr Hunt will tell MPs at 12:30 in the House of Commons today: “After a global pandemic and energy crisis, we have taken difficult decisions to put our economy back on track.
“We have supported families with rising bills, cut borrowing and halved inflation. The economy has grown. Real incomes have risen. Our plan for the British economy is working.”
Read our Autumn Statement blog below for all the latest news and updates…