Skip to main content
Austerity and cuts on the way, experts warn following Autumn Statement
Tory Chancellor Jeremy Hunt walks to his car holding the Autumn Statement booklet outside No 11 Downing Street, in London, November 22, 2023

AUSTERITY is on the way back, independent experts warned today following Chancellor Jeremy Hunt’s Autumn Statement.

Mr Hunt’s handouts to business and attempt to win votes by cutting National Insurance contributions will be financed by a renewed squeeze on public services, the Institute for Fiscal Studies (IFS) spelt out.

Institute director Paul Johnson said the “substantial tax cuts” in the Chancellor’s statement were being “paid for by planned real cuts in public service spending.”

The 95th Anniversary Appeal
Support the Morning Star
You have reached the free limit.
Subscribe to continue reading.
Similar stories
Britain's Chancellor of the Exchequer, John Healey visits the UK Manufacturing Technology Centre in Coventry, September 7, 2026
Editorial / 7 September 2026
7 September 2026
Prime Minister Andy Burnham departs 10 Downing Street, London, to attend his first Prime Minister's Questions at the Houses of Parliament, September 2, 2026
Economy / 2 September 2026
2 September 2026

PM tells MPs he want welfare cuts and backs Nato demands for soaring military spending

WE MUST DO BETTER: Jon Trickett speaks in the House of Commons, September 10 2025
Labour Conference 2025 / 29 September 2025
29 September 2025

We cannot refuse to abolish the unjustifiable two-child benefit cap that pushes children into poverty while finding billions of pounds for defence spending — the membership and the public expect better from Labour, writes JON TRICKETT MP