27,183 views since Nov 22, 2023

Chancellor of the Exchequer Jeremy Hunt was heckled by MPs while he was delivering the Autumn budget.

The chancellor promised 110 measures to unleash growth in the private sector, as he revealed that the Office for Budget Responsibility had significantly downgraded its growth forecasts, with the economy now expected to grow just 0.6 per cent this year and 0.7 per cent in 2024.

Mr Hunt raised the National Living Wage to £11.44 an hour, and will cut national insurance by 2 per cent from January – saving those earning £35,000 more than £450 a year.

Mr Hunt also kept the pensions triple lock in place, vowed to increase in-work benefits by 6.7 per cent, and introduced a freeze on alcohol duty. He will also permanently allow firms to offset any investments, in a tax break costing £11bn a year.

But the chancellor also announced a crackdown on benefits for people with mobility or mental health struggles unless they work from home.

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