Autumn Statement Live: Jeremy Hunt announces £55bn of tax rises and spending cuts

Jeremy Hunt is delivering his Autumn Statement in the House of Commons as he announces £24 billion of tax rises and £30 billion of spending cuts.

He will say that Britain must “face into the storm” as he sets out £24 billion of tax hikes and £30 billion of spending reductions.

Mr Hunt and Rishi Sunak have repeatedly warned in the run up to today’s statement that they are having to make difficult decisions in order to balance the books.

Read up to date coverage: https://www.telegraph.co.uk/politics/2022/11/17/jeremy-hunt-autumn-statement-2022-live-budget-tax-rises-cuts/
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