Autumn Statement 2022: as it happened
Introduction
Jeremy Hunt, the UK's fourth chancellor of 2022, will deliver his Autumn Statement as he grapples decisions he has admitted are "eye-wateringly" difficult.
He will have to grapple with high inflation, rising interest rates and a fiscal hole of about £55bn. Demand for services such as the NHS remains high in the wake of the Covid-19 pandemic and the Bank of England is forecasting a two-year recession.
Hunt will also have to reassure markets about a return to economic orthodoxy after the chaos unleashed by September's tax-cutting "mini" Budget - most of the tax cuts from which were reversed by Hunt as one of his first acts as chancellor.
He is expected to increase taxes and cut public spending but how will he balance these without harming the UK economy's growth prospects?
Join our panel live to find out how Hunt will act.
We are joined by:
- Eleanor Ingilby, deputy head of portfolio management at Atomos
- Chris Down, private client tax manager at RSM
- Martin Stewart, director of London Money
- David Gibb, chartered financial planner at Quilter
