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Home » Politics » Devil in the detail: autumn statement is new wave of austerity

Devil in the detail: autumn statement is new wave of austerity

Hunt today unleashed a torrent of tax increases as well as a wave of future cuts, which opponents claim heralds a new period of austerity.

Joe Connor by Joe Connor
November 17, 2022
in Featured, News, Politics
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The fine print reveals the massive tsunami of austerity that Jeremy Hunt intends to unleash after the next election if he remains in office.

The Chancellor has extended current spending plans until April 2025. However, he plans to cut £11.6 billion in 2025/26, £23.2 billion in 2026/27, and £36.3 billion in 2027/28.

They appear to be deferring the real cuts until after the election.

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Tags: Autumn BudgetJeremy Hunt
Joe Connor

Joe Connor

I write about the latest movies and TV shows for Spotted News.

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