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Autumn Statement Gets Underway At Bottom Of Hour

UK

Chancellor of the Exchequer Jeremy Hunt is set to deliver the gov'ts Autumn Statement at the bottom of the hour (0630ET/1130GMT/1230CET).

  • Link to livestream: https://www.parliamentlive.tv/Event/Index/7de30523...
  • As noted inour preview, there are a large number of tax raising/spending reduction measures mooted to be included in the statement, which is intended to provide confidence to markets and shore up UK finances.
  • Measures such as an increase to the windfall tax on O&G profits, and a freeze to basic and higher rate income tax thresholds are seen as almost a certainty. Other more controversial measures such as an end to the pensions triple lock, or cancelling a number of large-scale capital projects seen as less likely.

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