Charles Purdy
on November 16th, 2022 Sterling is on standby as the details for tomorrow’s long-awaited Autumn Statement are being finalised. Jeremy Hunt’s proposals are set to include an increase in the national living wage (to £10.40) and a 10.1% rise in pensions (in line with inflation).
The economic forecasts that will be published alongside the chancellor’s Autumn Statement are expected to be bleak, as Hunt acknowledges soaring inflation is unleashing a recession.
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