Making A Statement: Hunt Announces Tax Cuts As Growth Forecast Slashed

Making A Statement: Hunt Announces Tax Cuts As Growth Forecast Slashed

By Bloomberg

The Chancellor used the Autumn Statement to announce tax cuts for businesses and workers, including a larger-than-expected cut in the rate of National Insurance. The government's improved financial position was overshadowed, however, by the Office for Budget Responsibility cutting its economic growth forecast for next year to 0.7%. We bring you highlights from the speeches by Jeremy Hunt and Rachel Reeves, plus analysis and market reaction from Bloomberg's Sam Unsted. Hosted by Stephen Carroll, Caroline Hepker and Yuan Potts.  

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