Reuters
UK's Hunt delivers his Autumn Statement
A.Wilson3 months ago
Britain's Chancellor of the Exchequer Jeremy Hunt leaves 11 Downing Street on his way to present his Autumn Statement in the House of Commons, in London, Britain, November 22, 2023. REUTERS/Hannah McKay Acquire Licensing Rights
LONDON, Nov 22 (Reuters) - Finance minister Jeremy Hunt delivered his Autumn Statement to parliament on Wednesday, setting out tax and spend plans that he hopes will boost Britain's struggling economy ahead of an election expected next year. Below are the main quotes from Hunt: GOVERNMENT RECORD: 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. Rather than a recession, the economy has grown. Rather than falling as predicted, real incomes have risen. Our plan for the British economy is working. But the work is not done. ON TAXES: (We will) remove planning red tape, speed up access to the national grid, support entrepreneurs raising capital, get behind our fastest growing industries, unlock foreign direct investment, boost productivity, reform welfare, level up opportunity to every corner of the country, and cut business taxes.Read the full article:https://www.reuters.com/world/uk/uks-hunt-delivers-his-autumn-statement-2023-11-22/
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