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The U.K.’s last Autumn Budget caused turmoil. What will Chancellor Hunt do this time?

News Room by News Room
November 21, 2023
Reading Time: 1 min read
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The U.K.’s last Autumn Budget caused turmoil. What will Chancellor Hunt do this time?

U.K. finance minister Jeremy Hunt will present his Autumn budget on Wednesday. He’ll be hoping it goes a lot better than his predecessor’s a little over a year ago.

In September 2022, Kwasi Kwarteng, the new Chancellor of the Exchequer — as the position is known — delivered a seasonal budget statement at the behest of freshly-installed Prime Minister Liz Truss, that proposed a £45 billion package of unfunded tax cuts.

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