UK Autumn Statement 2022 – What can we expect?

The Chancellor, Jeremy Hunt, will deliver the Autumn Statement on Thursday, 17 November. It is anticipated that there will be a raft of measures to plug a £50bn black hole in the country’s finances. The government needs to raise taxes and/or cut spending. What could be on the table? With inflation in the background and the potential of further interest rate rises on the horizon, Chris Groves and Charlie Tee, partners in our Private Client and Tax practice, explore the options open to the treasury.