Autumn Statement 23 preview: What should investors expect?

Breaking down the predictions

Valeria Martinez
clock • 4 min read

Chancellor Jeremy Hunt is set to unveil a series of measures to promote long-term economic growth in his Autumn Statement tomorrow (22 November), which are likely to include tax cuts and an overhaul to the ISA regime.

Last week, the chancellor said the economy had "definitely turned a corner" following data that revealed inflation had fallen to 4.6% in October, arguing "this is the moment" to focus on growth and signalling potential personal and business tax cuts.  Speaking to The Telegraph on Friday (17 November), he said: "The big message on tax cuts is there is a path to reducing the tax burden and a Conservative government will take that path." UK inflation falls to 4.6% in October The chancellor is reportedly under intense pressure from within his party to offer pre-election giveaways as th...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on UK

The Treasury Committee has argued that benefits of the new asset promoted by the central bank did not outweigh their concerns of overall confidentiality and financial risks.
UK

Treasury Committee warns UK digital pound could put financial stability and privacy at risk

BoE urged to ‘proceed with caution’

Eve Maddock-Jones
clock 04 December 2023 • 2 min read
The Bank of England's Jonathan Haskel (pictured). Credit: World Economic Forum/Jakob Polacsek
UK

BoE's Haskel: Rate cuts will not happen 'anytime soon'

Productivity ‘in the doldrums’

Elliot Gulliver-Needham
clock 29 November 2023 • 2 min read
A panel of independent economists were quizzed by TSC chair Harriett Baldwin on their views regrading Hunt's latest Autumn Statement: Credit: HM Treasury
UK

Government debt reduction forecasts include inflation-linked fuel duty rises despite 13-year freeze

TSC questions independent economists

Eve Maddock-Jones
clock 29 November 2023 • 4 min read
Trustpilot