US president suggests he may embark on a state visit
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
RNLI confirms death following medical emergency
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.”
More from this author
ANDREW MURRAY casts an eye over past upheavals and asks whether the left can find a fire escape before the world goes up in flames
But Business Secretary downplays prospect of full nationalisation and declines to extend emergency assistance to Port Talbot or Grangemouth
Meanwhile, Labour government toughens rhetoric against the genocide, but stops short of making any changes in policy or practical support for Israel
