Biggest hit to living standards on record as Hunt lays out autumn statement

Austerity is pushed back until after the next election amid evidence of higher energy bills and a protracted recession

Britain faces the biggest hit to living standards on record as Jeremy Hunt set out £30bn of delayed spending cuts and £25bn of backdated tax increases in an autumn statement that laid bare the country’s dire economic predicament.

Underlining the fragility of the economy, the chancellor pushed back the fresh austerity measures until after the next election amid evidence that dearer energy bills and the highest inflation in four decades will cause a protracted recession, a jump in unemployment of 500,000 and a lost decade for living standards.

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@labtowin

RT @PreetKGillMP: Great to join @uklabour campaigners, along with @RLong_Bailey for the excellent @CllrSDixon -labour candidate for #Cheste…

Posted on: 2022-11-26 10:31

@weezegee

RT @PreetKGillMP: Great to join @uklabour campaigners, along with @RLong_Bailey for the excellent @CllrSDixon -labour candidate for #Cheste…

Posted on: 2022-11-25 16:12

@cllrmattbryan

RT @PreetKGillMP: Great to join @uklabour campaigners, along with @RLong_Bailey for the excellent @CllrSDixon -labour candidate for #Cheste…

Posted on: 2022-11-25 15:25

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RT @PreetKGillMP: Great to join @uklabour campaigners, along with @RLong_Bailey for the excellent @CllrSDixon -labour candidate for #Cheste…

Posted on: 2022-11-25 13:28

@CllrSDixon

RT @PreetKGillMP: Great to join @uklabour campaigners, along with @RLong_Bailey for the excellent @CllrSDixon -labour candidate for #Cheste…

Posted on: 2022-11-25 13:25

@MarsPioneer

Biggest hit to living standards on record as Hunt lays out autumn statement | Autumn statement 2022 | The Guardian https://t.co/io2tggYJ41

Posted on: 2022-11-25 12:01

@Alison_McGovern

RT @PreetKGillMP: Great to join @uklabour campaigners, along with @RLong_Bailey for the excellent @CllrSDixon -labour candidate for #Cheste…

Posted on: 2022-11-25 11:47

@rajlali

RT @PreetKGillMP: Great to join @uklabour campaigners, along with @RLong_Bailey for the excellent @CllrSDixon -labour candidate for #Cheste…

Posted on: 2022-11-25 11:38

@PreetKGillMP

Great to join @uklabour campaigners, along with @RLong_Bailey for the excellent @CllrSDixon -labour candidate for… https://t.co/a9XnawL0zy

Posted on: 2022-11-25 10:49

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Posted on: 2022-11-24 13:30

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Posted on: 2022-11-24 13:30

@philosophylinks

RT @PippaCrerar: Friday’s @guardian front page: From bad to worse. https://t.co/OYnNHaB4k0 https://t.co/p3vhSFkouX

Posted on: 2022-11-24 00:04

@robert0461

"With its economy on the precipice of a serious downturn, the allegedly conservative government is slapping a slew… https://t.co/RvB3MKOlUY

Posted on: 2022-11-23 10:35

@lapinagile4

@Bbmorg We're living it every day. "British families suffer biggest hit to incomes of world’s richest nations" https://t.co/rWQeli8Tah

Posted on: 2022-11-23 08:54

@joannab64017534

RT @PippaCrerar: Friday’s @guardian front page: From bad to worse. https://t.co/OYnNHaB4k0 https://t.co/p3vhSFkouX

Posted on: 2022-11-22 23:21

@BjorkBrodern

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Posted on: 2022-11-22 21:06

@PRNAlert

RT @PRNfinance: New data from LISEP finds Black, Hispanic workers have been hit the hardest by "functional unemployment," with fewer living…

Posted on: 2022-11-22 20:01

@PRNfinance

New data from LISEP finds Black, Hispanic workers have been hit the hardest by "functional unemployment," with fewe… https://t.co/dulf3vMGp8

Posted on: 2022-11-22 17:41

@HowtonTayler

@Jacob_Rees_Mogg UK has fallen into recession that will last over a yr & push a million ppl out of work while house… https://t.co/WOk4bT4lXU

Posted on: 2022-11-22 17:34

@LoveisAllAlways

RT @HackneyAbbott: While many companies make record profits. A crisis made in Downing St. Biggest hit to living standards on record as Hun…

Posted on: 2022-11-22 11:49

@RHJOfficial

"Now a winter like no other, the biggest hit to living standards in our history," he said, when people will go with… https://t.co/Dp5O0kEyEN

Posted on: 2022-11-22 10:52

@BlayneyDeborah

RT @PreetKGillMP: Great to join the #PoliticsMidlands panel discussing the Autumn Statement. The Budget represents the biggest hit on liv…

Posted on: 2022-11-22 08:40

@richgid65

RT @PreetKGillMP: Great to join the #PoliticsMidlands panel discussing the Autumn Statement. The Budget represents the biggest hit on liv…

Posted on: 2022-11-22 07:21