Sky News
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Autumn Statement: OBR says UK is in recession
Posted
November 17, 2022
Views
78,635
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322
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November 17, 2022
78,635
322
376
0.89%
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9:02Now PlayingChancellor Jeremy Hunt began the government's autumn statement by addressing the elephant in the room - the mini-budget, which led to the downfall of both Kwasi Kwarteng and Liz Truss.
Many on the Labour benches shouted out as he said: "I understand the motivation for my predecessor's mini-budget" with his drive for growth.
He went on to say that the plan will mean "inflation and interest rates end up significantly lower" - and that it will be done in a "balanced way".
#skynews #autumnstatement #budget #jeremyhunt
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