The UK's Autumn Statement, delivered by Chancellor Jeremy Hunt, has sparked mixed reactions. Critics argue that the tax cuts are unsustainable and will burden future governments, while others view them as a step in the right direction. The statement includes a rise in the energy price cap and projections that UK households will be £1,900 poorer by 2025. Speculation is also mounting about a potential general election in May. The announcement has led to a surge in Tory support, but concerns remain about the impact on public services and household budgets.
The Autumn Statement revealed a government using its remaining time in office to poison its successor’s inheritance, writes @willydunn. https://t.co/GiK3MyyxUF
This was an Autumn Statement built on stilts and defined by fiscal illusions. I wonder whether our politics can afford many more of them, writes @lewis_goodall. https://t.co/4O2wuQ3LCP
The UK's Autumn budget statement tells a tale of two economies, writes Martin Ivens for @opinion. It's not hard to guess which one the voters will believe https://t.co/WIbDbrdhtS via @opinion https://t.co/k9JEQjD9iu
Net Zero Electricity Fantasies to Cost British Consumers £100 Billion Over Next Six Years https://t.co/DSwqhgUJl0
Sunak eyes more tax cuts in the spring as he weighs UK election date https://t.co/f9DZC5CKDM via @alexwickham @kitty_donaldson @EllenAMilligan https://t.co/1I1oOyjUwy
UK Chancellor Jeremy Hunt would have had to raise taxes in the Autumn Statement had the OBR used the grim economic projections the Bank of England just published, according to a leading independent economist https://t.co/DTRknC4kmR
Get ready for austerity part two: Economists warn the UK should brace itself for public spending cuts on the scale of George Osborne's measures following Jeremy Hunt's Autumn Statement https://t.co/9A9ABmkFm7 https://t.co/XCVIeJDduf
UK Chancellor Jeremy Hunt would have had to raise taxes in the Autumn Statement had the OBR used the grim economic projections the Bank of England just published, according to a leading independent economist https://t.co/5LxYbgWFRe
The highest energy bills on record will 'cost lives' this winter, campaigners warn as Ofgem announces a 5% rise in the price cap https://t.co/YqencvB8x9 https://t.co/GXKfIptfYw
Here comes the squeeze... IFS think-tank warns public services face 'pain' after Chancellor refused to push up budgets - with taxes still rising but all the extra revenue going on the NHS, pensions and servicing the UK's £2.6tn debt pile https://t.co/wQauG6boD2 https://t.co/EtxuGhUkg0
Tory focus turns to Spring Budget to close gap with Labour ahead of election https://t.co/RkstoEbZm6
According to Britain’s chancellor, lower inflation has given him the space to cut taxes. In reality that space has come from higher, not lower, inflation and from some questionable accounting https://t.co/RK8AVIjm4t 👇
Energy bills to rise again plunging more cash-strapped families into misery: Household bills to jump by 5% from January with typical household paying £1,928 https://t.co/BgWovEaAeP https://t.co/74PRBE6iA4
British Prime Minister Rishi Sunak badly needs to rejuvenate the Conservative Party, which appears tired, uncertain, and lacking direction, Vernon Bogdanor writes. https://t.co/54jOA1oP6P
The Autumn Statement and your money https://t.co/T4ytMMCdb7
The taxman is set to rake in £1 trillion next year for the first time as household budgets are squeezed by the Treasury https://t.co/nvPB4l2awe https://t.co/9vPASjCmSS
This was an Autumn Statement built on stilts and defined by fiscal illusions. I wonder whether our politics can afford many more of them, writes @lewis_goodall. https://t.co/qVZW2EQlDE
This week's Autumn Statement unveiled the UK's long-term quantum ambitions. But are they realistic? https://t.co/CKavoSjU4o
'After the relief that greeted Rishi Sunak's accession to No. 10 last year, bond investors may now be judging that this might not be a bankable government after all.' @jarapley on why the Tories should keep an eye on the bond markets 👇 https://t.co/XBCPKQMcLd
Tax-cut bounce for Rishi: Poll shows Tories surging by four points in the wake of Autumn Statement… but Labour is still 19 points ahead https://t.co/ibP3AlrK3K https://t.co/gu9rSgSBCJ
UK PM Sunak's tax cuts yield polling boost - Times/YouGov https://t.co/Ifj6xd3FlN https://t.co/INEW2Yn1TR
How ‘fiscal drag’ is bearing down on UK taxpayers https://t.co/i9mpStzreK via @PhilAldrick https://t.co/ZZqURXve4r
Britain's tax burden is barreling toward its highest level since 1948 because of a stealth tax known as "fiscal drag". Here's how it works, and why it's controversial https://t.co/j6njZsmtEQ
Jeremy Hunt unveils 110-point plan to boost UK growth and revive Tory fortunes - with 'biggest-ever' tax break for firms, a national insurance cut for 28m and pensions boost for struggling OAPs - in make-or-break Autumn Statement https://t.co/eadwKczM7M https://t.co/VuK0idLgy0
Opinion: The UK is the only country that runs its public finances on the basis of not just one, but two yearly events expressly designed to make surprise changes to the tax system https://t.co/RcT83BXI7w
A smattering tax cuts won’t easily revive confidence in the Tories’ economic management, writes @BNHWalker. https://t.co/MxE0CHZwQV
Pensioners in line for 8.5% state pension hike - an extra £18 a week - in the Autumn Statement as Chancellor Jeremy Hunt sticks to triple lock boosted by high inflation rate https://t.co/ZZHoiZHJmC https://t.co/TcRAgpzqaO
Jeremy Hunt’s tax cuts leave poison pill for next UK chancellor https://t.co/CoHGYiu6rP
UK households are to be £1,900 poorer by 2025, says think-tank Resolution Foundation: https://t.co/BYMli8QdfC https://t.co/dTPdiet6vc
In his autumn statement Britain’s chancellor got business taxes right, but also cynically handed out an illusory windfall. If his successors do not reverse his tax cuts, the country’s cash-starved public services will be squeezed even more tightly https://t.co/bWEGkqlBOU 👇
The countdown is on for a UK general election and speculation is building that Sunak will hold it in May https://t.co/GaKyHFrt0h
The countdown is on for a UK general election and speculation is building that Sunak will hold it in May https://t.co/1MWsZgN2aq
The countdown is on for a UK general election and speculation is building that Sunak will hold it in May https://t.co/l7zDLdllZk
UK households to be £1,900 poorer by 2025, think-tank says https://t.co/Yt1sYkhAMd
How much will YOUR energy bill go up? Use our calculator to find out how the 5% Ofgem price cap rise will affect your gas and electric costs in January https://t.co/Aa65YQNtXe https://t.co/ATLNjLHHC9
How much will YOUR energy bill go up? Use our calculator to find out how the 5% Ofgem price cap rise will affect your gas and electric costs in January https://t.co/nKQL6XL0Z0 https://t.co/blIG1w75d1
Energy price cap to RISE by £94 in January to £1,928, Ofgem reveals https://t.co/hC6CuFQfxi https://t.co/Q66q8fLcgv
Energy price cap to RISE by £94 in January to £1,928, Ofgem reveals https://t.co/liKtAc80al https://t.co/4h5vNzpZcr
The Autumn Statement was hardly transformative. The UK is still overtaxed, overindebted, not productive enough, and facing a big drop in our standard of living. But it was a baby step in the right direction. https://t.co/ZJhfUiSwmK
The Autumn Statement was hardly transformative. The UK is still overtaxed, overindebted, not productive enough, and facing a big drop in our standard of living. But it was a baby step in the right direction. https://t.co/Rm29UmhSzW
The Autumn Statement was hardly transformative. The UK is still overtaxed, overindebted, not productive enough, and facing a big drop in our standard of living. But it was a baby step in the right direction. https://t.co/5wJi9kjQEv
According to Britain’s chancellor, lower inflation has given him the space to cut taxes. In reality that space has come from higher, not lower, inflation and from some questionable accounting https://t.co/3l9TvxRi3d 👇
Jeremy Hunt is borrowing from the future to pay for tax cuts now – Rachel Reeves will need to react, writes @freddiejh8. https://t.co/mIb66Ht65T