Autumn Statement Report 2022

Posted on: November 25, 2022

The Chancellor Jeremy Hunt’s Autumn Statement came against the background of a Spring Statement and a September ‘mini-Budget’ (which has now been substantially reversed).

November 2022 | Autumn Report

The Autumn Statement was presented as a difficult and necessary exercise to restore confidence in the UK’s
financial position. In October, Mr Hunt spoke of “decisions of eye-watering difficulty” and ever since there has been a
regular flow of rumours/leaks about which taxes may increase, how long existing tax allowance freezes could be extended and in which areas spending cuts would fall.



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