Jeremy Hunt has announced he will deliver the Autumn Statement on November 22. 

The Chancellor recently downplayed the chances of tax cuts at the major fiscal event, insisting that his focus remains on halving inflation. 

However, the statement will be fiercely scrutinised as it will be viewed as the Government laying the political foundations for the run up to the next general election, widely expected to take place in 2024. 

Mr Hunt told MPs: “On Friday, the Office for National Statistics published an update to the UK’s GDP growth figures which shows the UK economy was 0.6 per cent larger than pre-pandemic levels by the fourth quarter of 2021.

“It means our economy had the fastest recovery from the pandemic of any large European economy, thanks to decisions such as furlough that protected millions of jobs.

“For that growth to continue we now need to halve inflation which I am pleased to report is now nearly 40 per cent below its 11 per cent peak. I can also tell the House I will deliver the Autumn Statement on November 22.”

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