Government confirms 2023 Autumn Statement date

06 Sep 2023

The government has confirmed that Chancellor Jeremy Hunt will present the 2023 Autumn Statement on 22 November.

The Office for Budget Responsibility (OBR) has been commissioned to prepare an economic and fiscal forecast to be presented to Parliament alongside the Autumn Statement.

Many experts believe the Chancellor has already ruled out announcing tax cuts, instead deciding to focus on bringing inflation down. Mr Hunt has insisted that the current inflation rate of 6.4% must come down before levies can be reduced.

The Chancellor recently stated: 'If we are going to put money in people's pockets quickly, the fastest thing I can do is deliver the Prime Minister's pledge to halve inflation.

'Because that puts not one pence in the pound which might be a tax cut but five pence in the pound in people's pockets which they wouldn't have had if inflation stayed high.'

Home | Contact us | Accessibility | Disclaimer | Help | Site map | accSEND

© 2024 Schiavi Pole Brett Ltd. All rights reserved. | Schiavi Pole Brett Ltd, 15A Walm Lane, Willesden Green, London NW2 5SJ

Registered in England Number 4300054. Registered Office Address : 15A Walm Lane, Willesden Green, London NW2 5SJ.

Registered to carry out audit work and regulated for a range of investment business activities by the Association of Chartered Certified Accountants

We use cookies on this website, you can find more information about cookies here.