Five charts that will shape the UK’s autumn statement

Plans are afoot to cut government borrowing with the economy on the brink of recession and the highest inflation for decades

Jeremy Hunt will announce plans to cut government borrowing in Thursday’s autumn statement with the economy on the brink of recession and inflation at the highest rate in four decades.

Reshaping the Treasury’s tax and spending plans after Liz Truss’ disastrous mini-budget, the chancellor is expected to announce tax rises and real-terms spending cuts in an attempt to narrow a shortfall in revenue for the exchequer. Here are the five key charts that will underpin Hunt’s statement.

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